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Pre-paid expenses will not be reflected in:

A. Profit & loss account
B. Cash book
C. Balance sheet
D. Cash flow statement


Sagot :

Final answer:

Prepaid expenses are not immediately reflected in the balance sheet but are expensed over time.


Explanation:

Prepaid expenses are costs that have been paid in advance but have not yet been incurred. These expenses are not reflected in the balance sheet until they are actually used. They do not impact the profit & loss account immediately but are gradually expensed over time.


Learn more about prepaid expenses here:

https://brainly.com/question/43715948


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