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Question added by Abdul Wahab
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Question added by Muhammad mohsin saleem General Accountant Al Ghadeer Modern Trade Enterprises
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Mir Mujtaba Ali's image  
Answer added by  Mir Mujtaba Ali, Internal Audit Manager, Confidential
9 years ago

Prepaids and accruals relate to the services and goods a company receives from its vendors for which payment has been or will be made. Prepaid expenses are the advance pa ... See More

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Answer added by  yousaf Hussain, Audit Officer, Albaraka Bank Pakistan Ltd
10 years ago

Accrued expenses are those which are yet to be paid but the benefit associated to them is acquired already. we treat them as liability which has to be paid.  Prepaid expe ... See More

Shenouda Geris's image  
Answer added by  Shenouda Geris, Group Finance Manager, Shore_ventures( Mashkore App- Al Zubda App- Poltics Co)
6 years ago

Accrued Expenses : Expenses that have accrued but not yet paid or recorded 1- it's recoed as current liablites  2- Example ( Wages - rent  - electrical payable -Inte ... See More

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Answer added by  prabodh bohra, Manager Product Development, National Payments Corporation of Indi
8 years ago

Visa and MasterCard are interchanges or card network schemes whereas paypal is a payment processor which connects to Visa/MC for processing of payments.

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Answer added by  Amay lotlekar, Sales Associate, Abu Dhabi Islamic Bank
8 years ago

When you compare credit card benefits to reach your decision, it’s generally more important to compare perks from the issuer rather than those from the payment processor. ... See More