The company said the Russian assets include receivables, inventories, fixed assets and prepaid expenses.
2.
The going concern principle allows the company to defer some of its prepaid expenses until future accounting periods.
3.
Prepaid expenses are not recognized as expenses, but as assets until one of the qualifying conditions is met resulting in a recognition as expenses.
4.
Butz said, adding that other prepaid expenses include the cost of structural and mechanical inspections, underground-oil-tank inspections, lead paint assessments, septic inspections and well-water potability tests.
5.
Prepaid expenses, such as employee wages or subcontractor fees paid out or promised, are not recognized as expenses; they are considered assets because they will provide probable future benefits.
6.
A Coca-Cola spokesman said that the payments were treated as prepaid expenses and other assets on the balance sheet, but deducted ultimately from the equity-income line to reflect the expense in that year.
7.
"' Deferred expenses "'( or "'prepaid expenses "'or "'prepayment "') is an asset, such as cash paid out TO a counterpart for goods or services to be received in a latter accounting period when fulfilling the promise to pay is actually acknowledged, the related expense item is recognized, and the same amount is deducted from " prepayments ".
8.
For example, when the accounting periods are monthly, an 11 / 12 portion of an annually paid insurance cost is added to " prepaid expenses ", which are decreased by 1 / 12 of the cost in each subsequent period when the same fraction is recognized as an expense, rather than all in the month in which such cost is billed.
How to say prepaid expenses in Hindi and what is the meaning of prepaid expenses in Hindi? prepaid expenses Hindi meaning, translation, pronunciation, synonyms and example sentences are provided by Hindlish.com.
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