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    Financial Accounting Study Set 26
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    Exam 2: Recording Business Transactions
  5. Question
    What Type of Account Is Prepaid Rent
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What Type of Account Is Prepaid Rent

Question 5

Question 5

Multiple Choice

What type of account is Prepaid Rent?


A) an expense
B) shareholders' equity
C) an asset
D) a liability

Correct Answer:

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