3 year prepaid expense

3 year prepaid expense balance sheet classification

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for a 3 year prepaid support contract, would you classify 1 year as a current prepayment and 2 years under a non current asset? Thanks 

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ALISK
By atleastisoundknowledgable...
12th Oct 2018 07:10

In theory yes, but TBH I wouldn’t bother splitting out.

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