A business prepays four months' office rent. Which of the following accounts is debited?

A) Rent Expense
B) Cash
C) Prepaid Rent
D) Unearned Rent

C

Business

You might also like to view...

Which statement is not correct concerning international marketing and the use of comparative scaling techniques?

A) Opinion formation may not be well crystallized. B) In some developing countries, preferences can be best measured by using ordinal scales. C) Respondents in many developed countries, due to higher education and consumer sophistication levels, are quite used to providing responses on interval and ratio scales. D) None of the above statements are incorrect.

Business

What are the categories of the 7-S model? List all and explain three as they apply to your college or university

What will be an ideal response?

Business