Expense.
This query is : Resolved
18 January 2014
my question is that ,can we book expense before its occurrence.
19 January 2014
well if you have paid for the same, then yes u can book it...it would form part of the balancesheet as prepaid expense...
otherwise, it would show as an advance...
otherwise, it would show as an advance...
19 January 2014
well if you have paid for the same, then yes u can book it...it would form part of the balancesheet as prepaid expense...
otherwise, it would show as an advance...
otherwise, it would show as an advance...
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