Depreciating aircraft parts, dealing with taxes, etc.
On Fri, 11 May 2007 14:09:41 -0700, "Matt Barrow"
wrote:
That's not how a pre-paid expense works.
True!
An easy to understand example of a pre-paid expense is an insurance
premium. You pay for so many months and use up (account for it) one
month at a time until it's depleted.
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