This question was asked in Expense Entry Assignment
Kashif Mahfooz's image
22nd jan
1- Prepaid technical expenses Dr.  40000
               To bank a/c                                     40000

2- tech. Exp A/c     Dr.        200000
       To prepaid tech. Exp. A/c         40000
       To Max well co.                          160000

3- max well co.     Dr.       160000
        To bank                                 160000

Kya es tarah se bhi kar sakte hai ye entries? ?