Easy Office

Current asset???

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 May 2016 can i show prepaid salaries in balance sheet as a asset?
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Sandeep Garg

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Sandeep Garg (Expert)
02 May 2016 Generally it is Employee advance and shown as asset
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
02 May 2016 You can not pay prepaid salary only Advance salary paid adjusted against actual can be considered as current asset and loans & advances for advance payment.



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Rupesh Jain

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Rupesh Jain (Expert)
03 May 2016 its come under loan & advance to staff

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