It Is Acceptable to Record Prepayment of Expenses as Debits

question 196

True/False

It is acceptable to record prepayment of expenses as debits to expense accounts.

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To make a statement or situation less confused and more comprehensible.

Specify

To specify means to state something in a precise or detailed manner, often to clarify requirements or conditions.

Explain

To make something clear or easy to understand by describing or giving information about it.

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The act of conveying feelings or emotions through words, facial expressions, gestures, or other forms of communication.