Accounting of expenses

Hello CAclubindia,

Is is right to deffer the expenditure & allocate it throughout the year in equal proportion.

for eg: donation made of rs.80000 in the month of august 2012 so here the acctng entry passed was like this

1) Donation    A/c --------dr 80000

        to Cash/bank      A/c           80000

2) P/L A/c ----------------dr    8000

     prepaid Exp a/c ----dr 72000

           to Donation A/c                     80000

( Donation exp of Rs.8000 booked for the month of aug 2012 & remaining deffered for remaining months)

Is this the right way of accounting.

best regards

navin