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What are prepaid expenses. ? What is accrued expenses ? How Commodities and services that have been purchased for consumption but are unconsumed at the

What are  prepaid expenses. ? What is accrued expenses ? How  Commodities and services that have been purchased for consumption but are unconsumed at the end of the accounting period. Explain briefly

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Prepaid Expenses Prepaid expenses refer to expenses that have been paid in advance but have not yet been consumed or utilized These are expenses for g... blur-text-image

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