salary paid by independent group
salary paid by independent group
salary paid by independent group
prepaid expenses are those expenses for which cash is paid in advance but if there is no cash payment then that is not prepaid expense and hence no entry required.
insurance not yet paid
Yes You Can Get The Env2 Pre Paid
Paid in advance like online.
When a mobile prepaid card is purchased at the store, the computer lets the mobile provider know that someone has paid for it and they add the credit. The mobile provider keeps records of the purchased prepaid card and only prepaid cards that were paid for are activated and can be validated to install service on your mobile phone.
Prepaid insurance go to balance sheet as it is paid in advance and current assets of business.
Prepaid wages refer to amounts paid to employees for work that has not yet been performed. This accounting concept typically appears as an asset on a company's balance sheet, reflecting a future obligation to provide services. Prepaid wages are often associated with situations where salaries are paid in advance, such as when employees are paid before the end of a pay period. Once the employees perform the work, the prepaid wages are then recognized as an expense.
Yes my I phone is telstra pre-paid.
In prepaid accounts cash is paid before and benefits are taken later while in accrual accounts benefits are taken before but cash is paid later.
There isn't much of a difference between a prepaid expense and a deposit. Both terms are monies that are paid in advance to pay for something. With a prepaid expense, the money pays usually for a bill or utility. A deposit on the other hand, is sometimes given back after the obligation is paid. If it is not paid, the deposit is kept as payment.