Prepaid salary will be shown on _______.
A. Debit side of trading account
B. Assets side of Balance sheet
C. Debit side of profit and loss account
D. Both (b) and (c)
Answer:D
Prepaid salary will be shown on _______.
A. Debit side of trading account B. Assets side of Balance sheet C. Debit side of profit and loss account D. Both (b) and (c)