Expense must be recorded in the accounting period in which it is
incurred. Therefore, prepaid expense must be not be shown as expense in
the accounting period in which it is paid but instead shown when a period of time ends on time provided,can see that the period are half yearly
2400/24months=100x8=800 a month
May 7th, 2015
Rent expense equals how much money you must pay a lessor every month or quarter, depending on the agreement on payment of rent.