banner_ad

Deffered expenses

This query is : Open 
Profile Image

Profile Image

(Querist)
23 November 2011 What is deffered Expenses ?? What are its implications in accounts ??
Profile Image

CA Ayush Agarwal

Profile Image

CA Ayush Agarwal (Expert)
23 November 2011 You Paid on 01/04/2011 Rs. 10000 For Shop Insurance For Two Years.
And Debited PL Account 11-12 For Rs. 5000/- and Defered Rs. 5000/- to Be Debited in Next Year.
Entry Will Be 2011-12
Insurance Dr. 5000
Prepaid Insurance Dr 5000
To Cash

Year 2012-13
Insurance Dr. 5000
to PP Insurance Account 5000
Profile Image

Chintan

Profile Image

Chintan (Querist)
29 November 2011 Thanks expert
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details