Is unexpired insurance and prepaid insurance interchangeable? Are they both considered assets? Thanks
TheSugarplum770 7 months ago
By "stock" I assume you mean Inventory. Inventory (or stock) is an asset, and goes on the debit side.
mwhite1249 2 years ago
what side does opening stock go on? debit or credit?
danielcalcre 2 years ago
Is unexpired insurance and prepaid insurance interchangeable? Are they both considered assets? Thanks
TheSugarplum770 7 months ago
By "stock" I assume you mean Inventory. Inventory (or stock) is an asset, and goes on the debit side.
mwhite1249 2 years ago
what side does opening stock go on? debit or credit?
danielcalcre 2 years ago