What Type of Account Is Prepaid Insurance

question 33

Multiple Choice

What type of account is prepaid insurance?

• A)A liability
• B)An expense
• C)Stockholders' equity
• D)An asset

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Definitions:

Thigh

The part of the human leg between the hip and the knee.

Pelvis

The lower part of the torso, enclosed by the pelvic bones and containing the reproductive organs and part of the digestive tract.

Superior Vena Cava

Large but short vein that carries deoxygenated blood from the upper half of the body to the heart’s right atrium.

Inferior Vena Cava

A large vein that carries deoxygenated blood from the lower and middle body into the heart's right atrium.