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Prepaid rent is a ___ ?

(a) Nominal A/c

(b) Representative Personal A/c

(c) Tangible Assets A/c

(d) None

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Question ajoutée par Shamseer KM , HR Payroll Officer , Al Darwish Engineering W.L.L
Date de publication: 2015/04/22
mohamed Hakim CMA CPA Candidate
par mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

answer B :

 

 Representative Personal A/c

Anas  Dawah
par Anas Dawah , Senior Internal Auditor , Talal Abu-Ghazaleh Global (TAGI)

(c))))))))))))) tangible Assets A/c

C S Raghunandan Chikkaballapur Rao
par C S Raghunandan Chikkaballapur Rao , Freelancer : , Presently Working for : Brindavan Agencies,Kreations and Sreevamsa sales Organisation.

Prepaid Rent is Shown under Current Assets. Hence the answer is : c) Tangible Assets A/c in the given options above.

Aimal Khan
par Aimal Khan , Head Of Finance , Terberg RosRoca Group LTD.

Any prepaid lies as our current asset and is a reciavable

Royson D'souza
par Royson D'souza , Processor - Outsourced , Raqmiyat

Prepaid is termed to be a tangible asset A/C

Gamal Hashem
par Gamal Hashem , Triangle EZ Taxes

. Prepaid rent is tangible Assets

Taher Bhungra
par Taher Bhungra , SENIOR PURCHASING SPECIALIST , Digital Processing System

Prepaid rent is Nominal Account because it represent expenses or income.

WILSON DEPALAC
par WILSON DEPALAC , assistant manager accounts , falcon pack industry llc

answer is d. prepaid rent is under current assets

 

Ahmed kandil
par Ahmed kandil , Cost Controller , Battour Holding Cpompany

Answer is C .... thanks ...

Muhammad Sabith
par Muhammad Sabith , Accountant , SIMORA

Representative personal account

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