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    College Accounting Study Set 2
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    Exam 4: The Accounting Cycle Continued
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    Prepaid Rent Expense Is Considered to Be A(n)
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Prepaid Rent Expense Is Considered to Be A(n)

Question 24

Question 24

Multiple Choice

Prepaid Rent Expense is considered to be a(n) :


A) liability.
B) asset.
C) contra-asset.
D) contra-revenue.

Correct Answer:

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