Expensing prepaid insurance

irrationalchain Posts: 1, Reputation: 1

New Member

Nov 10, 2011, 09:45 AM

Expensing prepaid insurance

Prepaid expense of 12885.48 runs from 05/20/2010-05/20-2011, should only the portion in the current year be expensed in prepaid insurance? In prepaid expense?

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