the prepaid expences comes in which account PERSONAL,REAL, OR NOMINAL

NIMMI

• Apr 9th, 2019

Real Account as it comes in Balance sheet under the Current Assets. The concerned prepaid expense will be deducted from the related expense in the profit & loss account in order to identify the actual expenses related to that year .

Raghubabu

• Jan 23rd, 2019

Personal a/c

Answer Question  Select Best Answer