SlideShare a Scribd company logo
1 of 1
Download to read offline
Prepaid expenses have:
a. Not been recorded as expenses but have been paid
b. Been recorded as expenses and paid
c. Not yet been recorded as expenses
d. Been incurred and paid
Solution
Prepaid expenses is that expenses which is not incurr but have been paid.
Prepaid expenses is incurr in future and recognized as expenses in future.
Prepaid expenses have:
so answer is a) Not been recorded as expenses but have been paid

More Related Content

More from eyezoneamritsar

Why are tourist destinations attempting to attract more visitors out.pdf
Why are tourist destinations attempting to attract more visitors out.pdfWhy are tourist destinations attempting to attract more visitors out.pdf
Why are tourist destinations attempting to attract more visitors out.pdf
eyezoneamritsar
 
High School Blues Evan and Alexia had been happily married for seven.pdf
High School Blues Evan and Alexia had been happily married for seven.pdfHigh School Blues Evan and Alexia had been happily married for seven.pdf
High School Blues Evan and Alexia had been happily married for seven.pdf
eyezoneamritsar
 
C# I need assitance on my code.. Im getting an error message Us.pdf
C# I need assitance on my code.. Im getting an error message Us.pdfC# I need assitance on my code.. Im getting an error message Us.pdf
C# I need assitance on my code.. Im getting an error message Us.pdf
eyezoneamritsar
 
Severe Acute Respiratory Syndrome (SARS) is known as a viral respi.pdf
Severe Acute Respiratory Syndrome (SARS) is known as a viral respi.pdfSevere Acute Respiratory Syndrome (SARS) is known as a viral respi.pdf
Severe Acute Respiratory Syndrome (SARS) is known as a viral respi.pdf
eyezoneamritsar
 
Please list at least 5 major differences between Managerial and Fina.pdf
Please list at least 5 major differences between Managerial and Fina.pdfPlease list at least 5 major differences between Managerial and Fina.pdf
Please list at least 5 major differences between Managerial and Fina.pdf
eyezoneamritsar
 
Create a time line of Organizational Theories (schools) showing the .pdf
Create a time line of Organizational Theories (schools) showing the .pdfCreate a time line of Organizational Theories (schools) showing the .pdf
Create a time line of Organizational Theories (schools) showing the .pdf
eyezoneamritsar
 

More from eyezoneamritsar (20)

Consider the following circle of radius 5 centered at the origin. Fi.pdf
Consider the following circle of radius 5 centered at the origin.  Fi.pdfConsider the following circle of radius 5 centered at the origin.  Fi.pdf
Consider the following circle of radius 5 centered at the origin. Fi.pdf
 
Write one Conditional Signal Assignment VHDL code statement in the b.pdf
Write one Conditional Signal Assignment VHDL code statement in the b.pdfWrite one Conditional Signal Assignment VHDL code statement in the b.pdf
Write one Conditional Signal Assignment VHDL code statement in the b.pdf
 
Why are tourist destinations attempting to attract more visitors out.pdf
Why are tourist destinations attempting to attract more visitors out.pdfWhy are tourist destinations attempting to attract more visitors out.pdf
Why are tourist destinations attempting to attract more visitors out.pdf
 
Which pair of words are synonymsA ephemeral--evanescentB euphon.pdf
Which pair of words are synonymsA ephemeral--evanescentB euphon.pdfWhich pair of words are synonymsA ephemeral--evanescentB euphon.pdf
Which pair of words are synonymsA ephemeral--evanescentB euphon.pdf
 
Which of the following embryonic materials is matched with a correct.pdf
Which of the following embryonic materials is matched with a correct.pdfWhich of the following embryonic materials is matched with a correct.pdf
Which of the following embryonic materials is matched with a correct.pdf
 
We used 3 files with each lab project in Vivado. What do we call the.pdf
We used 3 files with each lab project in Vivado.  What do we call the.pdfWe used 3 files with each lab project in Vivado.  What do we call the.pdf
We used 3 files with each lab project in Vivado. What do we call the.pdf
 
To determine the distance between short and black on chromosome II th.pdf
To determine the distance between short and black on chromosome II th.pdfTo determine the distance between short and black on chromosome II th.pdf
To determine the distance between short and black on chromosome II th.pdf
 
High School Blues Evan and Alexia had been happily married for seven.pdf
High School Blues Evan and Alexia had been happily married for seven.pdfHigh School Blues Evan and Alexia had been happily married for seven.pdf
High School Blues Evan and Alexia had been happily married for seven.pdf
 
Suppose within your Web browser, you click on a link to obtain a Webp.pdf
Suppose within your Web browser, you click on a link to obtain a Webp.pdfSuppose within your Web browser, you click on a link to obtain a Webp.pdf
Suppose within your Web browser, you click on a link to obtain a Webp.pdf
 
Supports cukaryotic cellsSolutionEukaryotes are the organisms h.pdf
Supports cukaryotic cellsSolutionEukaryotes are the organisms h.pdfSupports cukaryotic cellsSolutionEukaryotes are the organisms h.pdf
Supports cukaryotic cellsSolutionEukaryotes are the organisms h.pdf
 
C# I need assitance on my code.. Im getting an error message Us.pdf
C# I need assitance on my code.. Im getting an error message Us.pdfC# I need assitance on my code.. Im getting an error message Us.pdf
C# I need assitance on my code.. Im getting an error message Us.pdf
 
Briefly define and describe what IASB and IFRS are.SolutionIAS.pdf
Briefly define and describe what IASB and IFRS are.SolutionIAS.pdfBriefly define and describe what IASB and IFRS are.SolutionIAS.pdf
Briefly define and describe what IASB and IFRS are.SolutionIAS.pdf
 
Big idea Encapsulation A form of abstraction Interface Public data .pdf
Big idea Encapsulation A form of abstraction Interface Public data .pdfBig idea Encapsulation A form of abstraction Interface Public data .pdf
Big idea Encapsulation A form of abstraction Interface Public data .pdf
 
Severe Acute Respiratory Syndrome (SARS) is known as a viral respi.pdf
Severe Acute Respiratory Syndrome (SARS) is known as a viral respi.pdfSevere Acute Respiratory Syndrome (SARS) is known as a viral respi.pdf
Severe Acute Respiratory Syndrome (SARS) is known as a viral respi.pdf
 
researchers have found to examine the effect of various types of .pdf
researchers have found to examine the effect of various types of .pdfresearchers have found to examine the effect of various types of .pdf
researchers have found to examine the effect of various types of .pdf
 
Please list at least 5 major differences between Managerial and Fina.pdf
Please list at least 5 major differences between Managerial and Fina.pdfPlease list at least 5 major differences between Managerial and Fina.pdf
Please list at least 5 major differences between Managerial and Fina.pdf
 
Create a time line of Organizational Theories (schools) showing the .pdf
Create a time line of Organizational Theories (schools) showing the .pdfCreate a time line of Organizational Theories (schools) showing the .pdf
Create a time line of Organizational Theories (schools) showing the .pdf
 
Mrs. R has beta-thalassemia major and has come into the office with a.pdf
Mrs. R has beta-thalassemia major and has come into the office with a.pdfMrs. R has beta-thalassemia major and has come into the office with a.pdf
Mrs. R has beta-thalassemia major and has come into the office with a.pdf
 
Need to sketch x(t) by hand so need steps to show how to do so.pdf
Need to sketch x(t) by hand so need steps to show how to do so.pdfNeed to sketch x(t) by hand so need steps to show how to do so.pdf
Need to sketch x(t) by hand so need steps to show how to do so.pdf
 
Name any 3 classes of phospholipidsSolutionPhospholipids are a.pdf
Name any 3 classes of phospholipidsSolutionPhospholipids are a.pdfName any 3 classes of phospholipidsSolutionPhospholipids are a.pdf
Name any 3 classes of phospholipidsSolutionPhospholipids are a.pdf
 

Recently uploaded

The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
heathfieldcps1
 
Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functions
KarakKing
 

Recently uploaded (20)

The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
 
ICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptxICT Role in 21st Century Education & its Challenges.pptx
ICT Role in 21st Century Education & its Challenges.pptx
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptxSKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
SKILL OF INTRODUCING THE LESSON MICRO SKILLS.pptx
 
Spatium Project Simulation student brief
Spatium Project Simulation student briefSpatium Project Simulation student brief
Spatium Project Simulation student brief
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17
 
Unit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptxUnit-V; Pricing (Pharma Marketing Management).pptx
Unit-V; Pricing (Pharma Marketing Management).pptx
 
Towards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxTowards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptx
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.ppt
 
How to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxHow to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptx
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024FSB Advising Checklist - Orientation 2024
FSB Advising Checklist - Orientation 2024
 
Introduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The BasicsIntroduction to Nonprofit Accounting: The Basics
Introduction to Nonprofit Accounting: The Basics
 
Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functions
 
Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)Jamworks pilot and AI at Jisc (20/03/2024)
Jamworks pilot and AI at Jisc (20/03/2024)
 

Prepaid expenses havea. Not been recorded as expenses but have be.pdf

  • 1. Prepaid expenses have: a. Not been recorded as expenses but have been paid b. Been recorded as expenses and paid c. Not yet been recorded as expenses d. Been incurred and paid Solution Prepaid expenses is that expenses which is not incurr but have been paid. Prepaid expenses is incurr in future and recognized as expenses in future. Prepaid expenses have: so answer is a) Not been recorded as expenses but have been paid