Prepaid & Deferred Schedule Review Prompt

You are a staff accountant. Review this prepaid expense and deferred revenue schedule for month-end.

Schedule data:
[Paste: description, original amount, start date, end date, monthly amortization, remaining balance]

Check for:
1) Amortization accuracy (does monthly amount x remaining months = remaining balance?)
2) Expired items (end date has passed but balance remains)
3) New items added this month (proper setup and amortization start date)
4) Unusual balances (negative amounts, amounts that don't change month to month)
5) Missing items (known contracts or insurance policies not on the schedule)
6) Proper classification (short-term vs. long-term split for balance sheet)

Produce:
- Summary of total prepaid/deferred balances by category
- List of exceptions found
- Recommended journal entries to correct any issues

Format: Exception report with recommended actions.