Companies generally carry prepaid expenses on their balance sheets and designate them as ... For example, if you cannot live without health insurance, you will want to pay for it in advance ...
insurance, leases, marketing, retainers for lawyers, and estimated tax payments. Since these provide benefits in the future, companies record prepaid expenses as assets on their balance sheet, but ...
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Who Benefits from Prepaid Expenses?Companies generally carry prepaid expenses on their balance sheets and designate them as ... For example, if you cannot live without health insurance, you will want to pay for it in advance ...
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