Where do you show Prepaid Expenses in Balance Sheet? (HP F2F - TopicsExpress

Where do you show Prepaid Expenses in Balance Sheet? (HP F2F Interview Q) My Answer its shown on Assets side of Balance Sheet Where you will show Accrued Expenses in Balance Sheet My Answer it appears in the current liabilities portion of the balance sheet. What is the journal entry for Discount Received on Purchase ? (HP F2F Interview Q) Creditors (AXA Solutions) Dr. Discount Received (income statement) Cr. Thats the end of HP F2F Interview Interviewer Also checked my Open SAP Courses Scores as disclosed in My CV. I did not prepare for Accounting....I had prepared for SAP FICO..I have done my best...

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