The beginning balance of prepaid expenses is charged to expense in ...
Posted by ~Ray @ 2008-10-16 06:04:14
The beginning balance of prepaid expenses is charged to expense in the current year but the cash was actually paid out last year this period the business pays cash for next period”s prepaid expenses which affects this period”s cash flow but doesn”t affect net income until the next period. Simple right?
-->Parse error: syntax error unexpected T_ENDIF in /home/industri/public_html/barges/wp-content/themes/red-train/comments php on line 82[ADVERTHERE]Related article:
http://industrialsolutions.info/barges/?p=24
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