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stevenalafarm
Jan 22, 2009, 06:53 AM
Can I obtain an example of a prepaid insurance amortization schedule?
codyman144
Jan 22, 2009, 01:20 PM
It is really pretty simple, spread the cost out stright-line over the life of the policy...

What exactly are you looking for?
stevenalafarm
Jan 22, 2009, 01:27 PM
It is really pretty simple, spread the cost out stright-line over the life of the policy...

What exactly are you looking for?

I'm looking for a format for the schedule so that monthly I can tie the g/l balance in the prepaid and expense account to the schedule.
codyman144
Jan 22, 2009, 01:56 PM
Here is the one I use.
stevenalafarm
Jan 22, 2009, 03:01 PM
Bingo! Exactly what I was looking for. Thank you for your time and effort.
Sincerely.
codyman144
Jan 23, 2009, 06:04 AM
Bingo! Exactly what I was looking for. Thank you for your time and effort.
Sincerely.

Just an FYI, some rep is always a good way to thank someone (i.e. rate this answer).