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28 Nov 2020
Choose the correct answer for the below:
Prepaid accounts (also called prepaid expenses) are generally:
A) Payments made for products and services that never expire.
B) Classified as liabilities on the balance sheet.
C) Classified as equity on the balance sheet.
D) Assets that represent prepayments of future expenses.
E) Promises of payments by customers.
Choose the correct answer for the below:
Prepaid accounts (also called prepaid expenses) are generally:
A) Payments made for products and services that never expire.
B) Classified as liabilities on the balance sheet.
C) Classified as equity on the balance sheet.
D) Assets that represent prepayments of future expenses.
E) Promises of payments by customers.
papayaprofessorLv10
5 Sep 2022
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22 Jul 2022
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Richa AroraLv10
23 Jan 2021
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