15 October 2020
how to pass journal entry of prepaid expenses A Bill received on dated 01.10.2020 to 30.09.2021 regarding AMC charges for Rs. 2 Lakh How to pass journal entry on accrual basis in accounting.
26 December 2020
Book the expenses as a "Prepaid Expenses" and at the end of the year make a JV apportioning the said amount to the extent for that Financial year.
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