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    Accounting Study Set 3
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    Exam 4: Adjusting the Accounts and Preparing Financial Statements
  5. Question
    What Type of Account Is Prepaid Insurance
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What Type of Account Is Prepaid Insurance

Question 52

Question 52

Multiple Choice

What type of account is prepaid insurance?


A) Liability
B) Income
C) Expense
D) Asset

Correct Answer:

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