The account type and normal balance of Prepaid Expense are a.revenue, credit b.liability, credit c.expense, debit d.asset, debit
The account type and normal balance of Prepaid Expense are a.revenue, credit b.liability, credit c.expense, debit d.asset, debit
Chapter7: Credit Cards And Consumer Loans
Section7.2: Managing Credit Cards Wisely
Problem 1CC
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The account type and normal balance of Prepaid Expense are
a.revenue, credit
b.liability, credit
c.expense, debit
d.asset, debit
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