أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
It will be Debited due to unexpired Assets and has valid time period.
Prepaid expenses whether it is a rent or insurance should be debited in the books of accounts as follows :
Prepaid Rent / Insurance DR XXX
Rent / Insurance DR XXX
BANK / VENDOR CR XXX
Debit till the date of expiry.