> What is other receivables, deposits and prepayments?? it is all under prepayment account??

What is other receivables, deposits and prepayments?? it is all under prepayment account??

Posted at: 2014-12-05 
Essentially YES. Minor amounts that are not worth showing in detail are often lumped into a single asset account which can have a variety of titles: Other prepayments; Miscellaneous prepayments; Deposits and prepaid assets; etc.

yes