Question: Purchasing prepaid rent has no effect on Blank______. Multiple select question. the statement of cash flows total assets the income statementUnder accrual accounting a cost

Purchasing prepaid rent has no effect on Blank______. Multiple select question. the statement of cash flows total assets the income statementUnder accrual accounting a cost Blank______. Multiple choice question. may be either an asset or a liability is never an asset is always an expense may be either an asset or an expense

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