what is pre post expenses

Pre Paid Expenses or Pre Post Expenses mean expenses of
next year is to be paid in current year means insurance of
building vehicle etc. cover current & next year. So this
year insurance exp. & next year exp. is pre paid exp.


all expnses which is paid in advance or incured during the
accounting periode but the benefit against these expenses
is not received is know as prepaid expneses.
For Exaple: Prepaid insurance, prepaid rent, prepaid mobile
bill etc

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