Is a Current expense and asset or expense?

If prepaid expanses represents current year expenses then it is current assets in fact, prepaid expenses are current assets. why? this is because you had paid in advance for the item you want to...

whenever you want baby

If a custom paint scheme was applied when the asset was new (such as a company vehicle), you would add that painting cost to the capitalized cost of the asset. If the painting was done because...

If a custom paint scheme was applied when the asset was new (such as a company vehicle), you would add that painting cost to the capitalized cost of the asset. If the painting was done because the...

because we get the benifit of such expenses in future