InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
Prepaid expenses is a real account if then howAnd contact me |
| Answer» When a prefix or suffix is added to a nominal a/c , it becomes personal a/c . Here, expenses is a nominal a/c but prepaid expenses is a personal a/c because it is the account of some unnamed person.<br>No , it\'s a type of personal account (REPRESENTATIVE PERSONAL)<br>It is real account because prepaid expense is considered as an asset for business | |