Month: January 2022

  • Prepaid expenses journal entry: a guide to prepaid expense accounting

    Content What are Prepaid Expenses? – Definition, Examples, and Journal Entry Is prepaid rent debit or credit? examples in journal entry Relax—pay employees in just 3 steps with Patriot Payroll! Company Overview: What is a prepaid expense? Prepaid Expenses vs. Accrued Expenses Therefore the variable portion of the rent payment is not included in the…