Difference between Prepaid Expenses & Unexpired Expenses AND Accrued Exp. & Outstanding Exp.

For full course, visit: academyofaccou...
Whatsapp : [phone]
Our Android App Link: clp.page.link/...
🔴 Download Notes / Subscribe Courses : www.academyofac...
🔴 Connect on Facebook :
/ ca.naresh.aggarwal
🔴 Connect with Google+: plus.google.co...

[@ajeeshmk6290]

Brilliant Accounting teacher I didn't had. Thanks for youtube.

[@NeelamVerma-dv5yp]

Agar sabhi teacher aap jaise ho to koi bhi student weak nhi hoga . You are the best teacher .

[@kunalfreefire07]

Bilkul sahi 🥲

[@mintigupta2320]

Bcs of u sir my interest in accounting has risen and now I am pursuing CA Bcs of u
Thanks i m grateful to u my ideal
CA Naresh Agarwal Sir

[@Anime_aneki]

Aise ek video dekh ke agar Tu khush ho raha tab to Tu ban gaya C.A 😂😂😂

[@karishmapatil1661]

Keep posting such videos. Education is the thing which rises when you gave it to others.

[@blast2686]

Sir, I would like to know the name of the soundtrack that you use for the intro of every video. It’s so soothing to the ears

[@shamshunnisaha6933]

Equal minded😊

[@sarveshyadav2174]

Its ganja ganja

[@SuperVirraj]

I am a qualified CA sir and i really liked your teaching skills.
Very well explained.

[@कार्तिकेय-द7व]

Thanks sir for being a great teacher with fully understanding concepts of accounts

[@Sankalp_viksitbharat]

शुक्रिया सर,
ये कॉन्सेप्ट क्लीयर का सीरीज बहुत हेल्पफुल है।

[@arjunsinhzala1593]

Sir tho salary main bhi Hoga aisa due ki tarah.jaise 20000 salary milegi every month

[@ajeshputhalath2447]

Thanks

[@blast2686]

Sir plz upload lectures of *Account Current*

[@prerananaykal6818]

Thanks sir for explaining the concept very peaceful and clearly with examples. It's very easy for understanding

[@anamikasharma6743]

Sir aap ka partnership ka vdo he nhi meal rha h

[@Simarca]

Sir Im Just loving this series of Concept Builder 👍👍👍.
Keep updating us

[@Aaaaaaaaaaaaddg]

Teaching style is great sir

[@indranisingh9016]

Thank you sir now its clear😄

[@IshwarSingh-hd1lt]

Your way or teaching is very nice Sir

[@ashwiniyara8660]

Sir please tell do you make video of accountancy of new syllabus 2020-2021

[@royaljaat7797]

But aap whatsapp pe reply kyu ni karte???

[@pk12373]

It's interesting to learn from u sir... Clean and clear concepts

[@SSCaspiranthub]

Sir aap online class laate ho kis per laate ho muje aapse padhna h aap

[@pawanyadav6443]

Awsm teaching method...

[@sksajid5538]

Thanks

[@EmanTopno]

Sir...
After Graduation
CA karne ke baare me bata dijiyega.
Aur sath hi fees k baare me bhi... pure course ka fees ke sath.

[@saquibsarfraz3831]

bhai after graduation start krte h to almost 60000 fees maan ke chalo full final tak excluding coachings

[@EmanTopno]

@@saquibsarfraz3831 thanks

[@funwithcommerce1207]

Marvelous Sir 👍

[@easytostudyfunda6762]

Sir unexpired rent kon se side ayega P and L A/c me aur kyo

[@amolshendre2802]

Very Simple and useful..Thank you

[@purushottamkumar1535]

Sir aap bahut अच्छा pdhate hai. My third year ka cost accounting aap ke video se पढ़ता हूँ।

[@ravikantraddy.upsc.2025]

Sir live class kab se chalta hai

[@godimediaexpose2799]

Sir plz company final account karwa do

[@hiralalpatel73]

Hello sir Can u explain Railway safety fund (RSF),capital fund(CF) ,development fund ( DF)

[@ritikasingha4417]

Sir you are the best teacher i have ever found in youTube.
Sir it's a humble request from me that could you make a video on treatment of life policy in partnership accounting??
It's a request sir!!

[@hafsaarshad5901]

Sir please make new videos on retirement nd death of a partner according to the latest changes

[@aaqsajid]

God Bless You Sir. You are the best teacher i have ever seen.

[@sohelchaush7823]

Thank you very much sir you are such a one of gem of teaching line commerce 💐💐💐

[@TOTALCOMMERCEByDrSUMIT]

So Nice......Thank you so much Sir
#TotalCommercedrsumit

[@talent_hunt242]

Thank you Sir ....

[@sovanroy45]

Nice explanation Sir. Apne itna simple tarike se samjha diya k yeh topic kabhi bhi demaag se bahar nehi nikle ga 👌

[@NitishRaj-si5hv]

Aap aacha padhate hai but aapka view km aata hai sir🙏

[@HARSH-gb4xe]

Hats off to you sir appreciating heartly you are as god for those who selected CA after 12th science

[@sriramjairam2605]

Excellent explanation sir than you.

[@razihusain8492]

I start accounting you are best teacher i've ever seen on you tube

[@incredibleindianss]

Sir, every video of yours is very useful and concept base for us,
Sir, I request you that please upload reconciliation video's i.e FA reco, Debtor & creditor reco, and MIS like..
I am saying that because your teaching method is very helpful than other you tube videos.

[@FaizanAli-vl6lc]

Good

[@haribabu886]

Accumulated depreciation under which group sir

[@DeepakSharma-qq5jx]

Sir Prepaid expenses are shown in asset side because of which concept

[@sijju1255]

Because they will help us to genrate economic benefit in future

[@anamikasharma6743]

Hlo sir hame partnership ka stating se padhna h

[@waqarmuhammad2059]

Thanks a million sir you are great

[@mannat9648]

Sir u r world best teacher...thank u so much sir for all this...

[@sumanshaw373]

Sir ek video bnaie on journal including Gst

[@augustayartehyarteh4467]

Prepaid and accruals relates to the two types of adjusting entries. In accounting . prepaid are either revenues or prepaid expenses, and accrual_ related revenues and expenses during an accounting period because some transactions are incomplete.Accounting teachers can talked about pre paid rent. Is a current assets account that. Reports. The amount of future rent expense that was paid in advance of the rental period. That amount would reported. On the balance sheet is the amount that has not yet been used or expired as of the balance sheet date. I don't understand your language like that, but I will try my best to answer the topic of that question.Nice questions we need to know about.

[@sauravgupta7156]

Ur understanding osmm Sir 😊

[@arshielhussain3350]

You thought very well sir.

[@suplexcity6340]

Osm sir kya m apke under working kar sacta hu ?

[@prathadholakia3632]

New concept.
Sir,I am confused that if on 1st Jan .for year ending 31st.mar.,if Rs.4000 is paid for 4 years contract of Advertisement then how much should be unexpired,prepaid and deferred.
Sir,please teach this concept ,please sir .....

[@prathadholakia3632]

With respect to my question,sir,please tell how to show in profit and loss and Balance Sheet...
I am really confused

[@shivankagrawal9764]

@@prathadholakia3632 . First of all accounting year is normally of 1 yr. So if the financial year commences from 1st Jan then it has to end on 31st Dec of the same year. If u paid the advertisement expenses of 4 yrs i.e Rs 4000, then there is no unexpired insurance since u have taken it on the very start of the year i e. at 1st Jan, not during the interim period (anywhere between the year) but there is Prepaid expenses of Rs 1000 because u have paid the price for the year that has not even been started and remember that the expense made for the period falling within an year from the date of Balance Sheet will be categorised under *Prepaid expenses* and hence is our current asset since current asset implies for within an year, but that remaining Rs 2000 will be classified under *Deferred Expenses* since the payment is made for a period more than 1 year from the date of Balance Sheet and hence is shown under Non-current asset as these last for over an year.

[@mychildhoodtoons8323]

@@shivankagrawal9764 there is a question of final accounts ,accounting year starts from April and ends in March .In trial balance insurance is given 500rupees ,in adjustment it is written that insurance expired on 30th September .What to do?

[@shivankagrawal9764]

@@mychildhoodtoons8323 According to me, since that's an adjustment, so it wasn't recorded in the books ever and in TB the amount must had been debited for the whole year, since 30th Sept is 6 months from April, u will dr. P&L by half amount (250) and the remaining half will be termed as Prepaid insurance and will go on Asset side of Balance Sheet. Although this Q never came before me 🤔

[@wisalmuhammad7092]

Really helpful . Thank you so much sir

[@manoj99208]

Koti koti dhanyawad sir!!

[@deshrajyadav5347]

Thanks sir . Sir mai bhi gao me ek chota sa teacher hu. Sir mujhe aapki video bhut achi lagti hai.

[@jangrajangra7454]

You are very talented Sir

[@subhra_bera]

Thank you so much Sir

[@tanvikhanna8021]

Sir plz triple column cash book ki video banaona I really need it sir

[@shiwanijaiswal8819]

Agar

[@sabitadas2871]

Thanks you so much💓🙏

[@sehersherazi3552]

Sir brilliant...thxxxxx sir

[@jayabhati352]

Sir .....aap bhagwan ho commerce students ke liye 😍😍🙏🙏🙏

[@saurabhkarn7265]

One of the best teachers i came across on youtube

[@saikatadhikary9142]

Thanks sir for this concept

[@shahzadarshad3014]

Sir, you have an outstanding way of teaching...

[@FaizanAli-vl6lc]

Sir adr trial balance main sirf unexpired commission ho to kya ho ga koi adjstmnt ni hai isky sath plzzzzz bta dain??

[@ankitsinghel1116]

Nice explanation

[@sethulax6471]

Your teaching method super example also nice sir

[@ananyapandey369]

Wow sir u r too good

[@saikatsen4877]

Outstanding teacher.

[@kunalsingh9812]

Thank you sirrr

[@vishallalotra3139]

Sir you are great

[@ankush587]

Thank you sir for giving such a fantastic concept 🎉🎉

[@kunalsingh9812]

Very very much

[@PriyanshuKumar-xw6rv]

Kya concept bataya aapne sir bahut bahut bahut bda dhanyawad

[@laxmanlaxman3867]

Your accounting teching class super , mind blowing sir, thank you🌹 sir Lord of thank full sir ATOZ accounting class teching me understand so all words are clearly understanding sir, thank🌹🌹 you MY TEACHER _SIR***

[@nishirajora5758]

Thanks sir...

[@aditya_narayan_sharma]

Thank you

[@PRANAY_182]

Very nice explanation sir ...

[@tanusharma21203]

Good evening, sir... I want to know the treatment of outstanding expense at the beginning(previous year) which is paid in current year..... Do we have to show this in balance sheet...... If yes, then where?

[@jiemba6652]

Wow awesome

[@AjayKumar-yd6mn]

Ha sir aap duniya ki best teacher h.🙏

[@niki10553]

Sir, how can I purchase ur pen drive classes for CA inter accounts

[@NitishRaj-si5hv]

Aap bhut samjha kr padhate hai
Tnx sir so much

[@سيد-ت6ش9و]

Sir you are best lecturer your one only channel not subscribe my channel, I like your channel

[@royaljaat7797]

Hello sir

[@alimurtaza1322toba]

Sir Please make leacture vedio on accrual accounting

[@sarfarajalam2300]

Very good explain sir.

[@njrmoney]

मुझे 11 वी 12 वी में, आप जैसे teacher मीलते, तो आज मे कहा के कहा होता.

[@rubhinah9118]

Could you answet me this... Please..
There is prepaid exp for 12 months and 6 months of exp we utilized, by this time there approached end of accounting period.. At this time what will be the entry for remaining 6 months which was not utilized and entry for those months which are utilized.. N what will be the opening entry for next financial year for those 6 remaining months..

[@amanmeshram5294]

*Sir where can we get full concept series?*

[@PriyaGupta-ro4mo]

You can purchase full series it's available on his website, also he has uploaded a Playlist on youtube for concept building

[@sagarjadav7611]

🙏 Great Explanation Sir 🙏

[@pradhanece]

I love the way you teach, sir

[@Clash764]

What a level of teaching skills .

[@vineetachauhan9015]

World best teacher ♥️♥️...

[@gopaldutta5999]

Sir
Paid for mobile recharge get 2 gb data and unlimited call for 28 days , so is it called prepaid exp. ?

[@ramnarayan-ye6qo]

🙏🙏🙏👍

[@gopaldutta5999]

Sir
Thank you for clear the concept. Little confusion that insurance is my expenses or loss?because when accident happened then I get benefit otherwise not.how it is expenses?

[@manpreetkaur4894]

Insurance hum karwate hain who hamara expense ha . And loss is liye nahi ha kiuki jo hamee ( nuksan) loss huya uske badle main hame claim milta hai sirf ..insurance loss nahi hae ,woo expense ha

[@steverogers9586]

Insurance is like an asset for the firm because we can get the claim for our loss, the "premium" which we pay to get the insurance is our expense.

[@gopaldutta5999]

@@steverogers9586
Why premium is my expense,there is no benifit enjoy against this payment?

[@steverogers9586]

@@gopaldutta5999 the benefit is the insurance claim. You pay the premium so that you can get the claim for insurance in the future.

[@gopaldutta5999]

@@steverogers9586
If not any mishap,then ?