@accountingfinance01: Prepaid an expense that has been paid in advance before the benefit or service is received or used. Classified as a current asset.#accrualaccounting #matchingprinciple #financialstatements #education #accrualbasisofaccounting #equity #financetiktok #accrualbasis

Accounting & Finance Playbook
Accounting & Finance Playbook
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Region: KE
Thursday 21 May 2026 17:30:00 GMT
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huyn.bit.t0
Huyền Biết ít :
In Vietnam we are using account No 242 to record in acc Books as a prepaid expense.
2026-07-20 13:12:50
1
hisnamekiko_16
kikoshila_16 :
Good clarification🔥
2026-06-09 04:30:30
1
soloml4
ከሴቶች እራስወንበማራቅገዘብወንናጤንነትወንይጠብቁ :
🥰🥰🥰🥰🥰🥰
2026-05-26 17:37:22
1
anuusha56
anuusha56 :
🥰
2026-07-24 08:11:27
1
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