QUESTION 10 Long-term productive assets used in the normal course of business are typically classified as: Property, plant, and equipment. Current assets. Intangible assets. Investments. QUESTION 11 On November 1. 54.800 of rent on equipment for the next six months was paid and charged to Prepaid Rent. At the end of the year, the financial statem Rent Expense, $1,600: Prepaid Rent $4,800. Rent Expense. $1,600; Prepaid Rent $3.200. Rent Expense. $4,800; Prepaid Rent 50. Rent Expense. $3,200: Prepaid Rent $1,600. QUESTION 12 Permanent accounts would not include: Interest Expense. Salaries Payable. Deferred Revenues. Prepaid Rent. QUESTION 13 Providing goods or services to customers on account is an example of an