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Abhishek Jhunjhunwala

Ssc & Railways
General Awareness
2 years ago

what is Prepaid Expenses ?

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Muskan Anand

2 years ago

Prepaid expenses are future expenses that are paid in advance. On the balance sheet, prepaid expenses are first recorded as an asset. After the benefits of the assets are realized over time, the amount is then recorded as an expense

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