0
What else can I help you with?
Is prepaid interest on a balance sheet?
Yes. It is an asset and assets are on the balance sheet.
Where does Prepaid Interest comes in a balance sheet?
prepaid interest is that amount of interest which is not due but paid in advance as it is not due yet it is current asset of business and it will be shown in current assets section of balance sheet.
List Prepaid expenses on balance sheet?
Prepaid Rent, Prepaid Insurance, and Prepaid Interest... maybe? Check it out on Investopedia.com
Prepaid insurance is reported on the balance sheet as a?
Prepaid insurance is reported on the balance sheet as a
Is a prepaid expense on the balance sheet or the income statements?
A prepaid expense is an asset listed on the balance sheet.
Where does prepaid expense go on balance sheet?
Prepaid expenses are shown in current assets under assets portion of balance sheet.
What should be the accounting treatment of interest in suspense in balance sheet?
Interest in suspense represents the interest earned on a non performing asset. In terms of the accounting standards the interest earned on a non performing asset is not recognized as income- it is suspended and shown as off balance sheet . However, on the face of the balance- sheet it is included as a receivable.
Where does prepaid expenses go on the balance sheet?
Assets
Where would prepaid accounts goes in a accounting sheet?
in assets side of the balance sheet
Prepaid advertising would be reported on the balance sheet as a?
An asset
Is deprecation included in a balance sheet?
Depreciation is not included in balance sheet it is income statement part and accumulated deprecation is use to show deduction from asset in balance sheet.
Is bank included in the balance sheet?
Yes. The "bank" account usually represents cash deposited into a bank. Cash is an asset, and is included in the balance sheet (the balance sheet lists assets, liabilities, and equity). Therefore, bank is included in the balance sheet under current assets.
