Prepaid Expense - Adjusting Entry - By Saheb Academy

Here I have explained the concept of Prepaid Expense and it's accounting treatment in Profit and Loss Account and Balance Sheet in a simple way.
Prepaid Expense is also known as Deferred Expense. ( Prepayment )
I have shown how to pass Adjusting Entry and Reversing Entry with complete logical understanding.
⏱TIMESTAMPS
00:00 - Intro
01:11 - Recap of Previous Videos
02:56 - Prepaid Expense
14:03 - Practical Example : First Year
23:08 - Second Year
32:09 - Third Year
35:21 - Alternative Accounting Treatment by Bookkeeper
Adjusting Entries Concept
• Adjusting Entries EXPL...
Outstanding Expense
• Outstanding Expense - ...
Download Adjusting Entries PDF
t.me/sahebacademy7/361
Basic Accounting Playlist
• Accounting Basics - Cl...
This is for the students of CLASS 11, B.COM, BBA, CA FOUNDATION, CA INTER, CMA, ACCA and any other accounting courses.
Clear your doubts by direct messaging us on Instagram
/ sahebacademy
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#Accountancy #FinancialAccounting #Class11

[@rekham.v5484]

Hi sir ur teaching is just wow by watching your videos only I have got 90+ in ACA thank you so much for that sir

[@udayshaw7227]

Thank you so much honoured sir ❤️
My heartfelt gratitude towards you and im so grateful for what you have done for me to excel in my journey❤️
At last, i'll never be able to pay you back for whatever value you have provided towards my journey
i'll forever remain in an unpayable debt of yours
Once again Thank you so much❤️✨

[@Lalitha-wy9fv]

Excellent teaching with presentation sir. Thank you so much.

[@anudhatarwal3259]

You are really a nice tutor... You make easy to things for understanding ...

[@Mit828]

Excellent class.. Thank you so much my sir

[@lunatchyortiz3850]

this was very good. very informative. much clear.

[@gechc.3372]

Hello Mr. Saheb I appreciate what did on this social media, it is clear and easy to understand accounting when you explain it with examples.
Would you please make a video about INSURANCE ACCOUNTING?
Thank you very much you giving us your knowledge freely.

[@BoscoJourney]

Thank you so much 😊

[@monikarao7166]

Hi sir , ur videos are really very very helpful to me, from 1st sem till now I'll watch ur video one day before accounts exam and I'm scoring 70s and 80s it's bcz of ur teaching way, Thankyou so much for tht, pls sir suggest me for maths also who will teach like u , easily, simple way, fastly, clearly and in English language pls sir it's big request

[@KiranKumar-oz1ct]

Saheb sir can you upload a video For INVENTORY AND INTANGIBLE VIDEO FULL CONCEPT❤

[@vanshikavashistha2708]

Please make more videos on 4th year Financial Management

[@anildalia2368]

Sir please make video on final accounts of general insurance company and electricity company.

[@parichauhan333]

Sir please do make videos on CFA topics

[@BoscoJourney]

Plzzzz upload vid about modern financial account 😗

[@yatikasharma6026]

3rd year management accounting videos

[@hassan.ali78645]

sir plz share video balance sheet my balance sheet not same

[@clintonbibber7793]

Can u uploade video for income tax1. (Nep) 5sem.

[@mohanmr8125]

Sir made playlists by subject wise

[@user-vk5ce4hc8s]

Could you post videos for Cost accounting CMA Inter

[@neeturao115]

Sir plzz cover CA inter account standard

[@batmansuperman9140]

Why have you pass reversal entry?

[@Rajkumar-bi5rn]

please make class 12 video , very important

[@SahebAcademy]

Chapters Playlists for Class 12 / 2nd PUC - By Saheb Academy
Issue of Debentures
czcams.com/play/PLVjZhvcpvcGrspbtZRbZ0wymmyEaut3Ux.html
Cash Flow Statements
czcams.com/play/PLVjZhvcpvcGrEfCnP6yHBIhjU68UHZJI5.html

[@salmanfarispp6436]

The paper you showing the videos that's are can you provide a pdf file

[@SahebAcademy]

It’s available on our Telegram channel @sahebacademy7
Download the telegram app first because the website is blocked in many countries including India
Join our Telegram channel to get the PDF lecture notes
t.me/sahebacademy7

[@salmanfarispp6436]

@@SahebAcademy thanks bro

[@HappyBubbles-zt8sj]

Sir how we can be the members of your CZcams channel ?

[@SahebAcademy]

You should see the list of silver club videos by scrolling down on the homepage of the channel and going to “Members Only” section before joining the Silver Club.
Join the channel only if you want to watch any of those videos
Join Link👇
czcams.com/channels/vMrxzcIql-6HU7FbkeIpwg.htmljoin

[@Ankitganga_kinaare.]

Sir can you please send the pdf of that chart

[@SahebAcademy]

It will be uploaded on our telegram channel tomorrow.
t.me/sahebacademy7

[@SahebAcademy]

Download Adjusting Entries PDF
t.me/sahebacademy7/353

[@mohanmr8125]

Sir BCom 6th sem videos

[@Rajkumar-bi5rn]

12 ka video banau