What is a good example of a typical prepaid expense?

- Newsfeed
- Find People
- More
- - Products By Bayt.com
    
    Bayt.com
    
    Shagheel
    
    Specialities
    
    Learning
    
    Companies
    
    Salaries
    
    People
    
    Blog
    
    Podcasts
- - العربية
- Use Our Mobile App
  
  Get contacted by recruiters directly with our newest chat feature!
  
  Download Now

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
Choose the correct answer about prepaid expense
Posted by:
Ahmed kandil
23-April-2015

Accounting Accounts Payable Finance

Question added by Majid Wangade , Senior Accountant , KANTOUR LIMITED COMPANY ( Real Estate, Construction and Asset Management )
Date Posted: 2016/03/13

Upvote (0) Views (5) Followers (1) Answers (1) Report Question

Write an Answer
Register now or log in to answer.

1 Answers

Mohammad Furqan Shaikh

by Mohammad Furqan Shaikh , Finance Assistant , Creative Associates International

Insurance Expenses For Business

Upvote (0)

Downvote Reply () Report

Popular Searches

Engineers Jobs Sales Executive Jobs Accountant Jobs Software Engineer Jobs Engineering Technicians Jobs

Write Your Answer

More Questions Like This

Which of the following is a typical prepaid expense?
Top Answer: Usually Insurance is prepaid so answer is Option B See More

Answers (3)
Prepaid Expenses are shown as _
Top Answer: As per Schedule III of the Companies Act,2013 Prepaid Expenses are shown under Current Assets under the s ... See More

Answers (20)
Young & jamison's modified cash-basis financial statements indicate cash paid for operating expenses of $150,0.
Top Answer: <p>C. $165</p> See More

Answers (2)
The purpose of an entry that contains a debit to prepaid salary and a credit to salary expense is to recognize a (an)?
Top Answer: <p>A. This entry is an adjusting entry to recognize prepaid expense and to reflect the correct sala ... See More

Answers (6)