Saturday 3 November 2012

An asset created by prepayment of an expense is: Recorded as a debit to a prepaid expense account Recorded as a debit to an unearned revenue account Not recorded in the accounting records until the earnings process is complete Recorded as a credit to a prepaid expense account Recorded as a credit to an unearned revenue account

An asset created by prepayment of an expense is:

Recorded as a debit to a prepaid expense account

Recorded as a debit to an unearned revenue account

Not recorded in the accounting records until the earnings process is complete

Recorded as a credit to a prepaid expense account

Recorded as a credit to an unearned revenue account



CLICK HERE TO GET THE ANSWER !!!!

No comments:

Post a Comment