Question: A prepayment that is originally recorded as an asset will be allocated to future accounting periods based on the cost of the asset used during

A prepayment that is originally recorded as an asset will be
allocated to future accounting periods based on the cost of the asset used during the period
transferred to a liability account at the end of the accounting period
allocated to future accounting periods equally over the pencols receiving the benefit
expensed in total at the end of the accounting period
A prepayment that is originally recorded as an

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