Question: prepaid rent a ( n ) _ _ _ _ _ _ account and has a normal _ _ _ _ balance. a . liability;

prepaid rent a(n)______ account and has a normal ____ balance.
a. liability; debit
b. asset; debit
c. liability; credit
d. asset; credit

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!