What Type of Account Is Prepaid Rent,and What Is Its

question 131

Multiple Choice

What type of account is Prepaid Rent,and what is its normal balance?

• A) It is an expense account and has a debit balance.
• B) It is a liability account and has a credit balance.
• C) It is a revenue account and has a credit balance.
• D) It is an asset account and has a debit balance.

Understand the use of questions to construct, deconstruct, and reconstruct narratives.

Grasp the significance of non-hierarchical, dialogical relationships in counseling.

Acknowledge the role of societal narratives in individual experience and counseling.

Interpret the principles and applications of mapping and externalizing in counseling.

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Definitions:

Folders

Directories within a computer's file system used to organize and store files.

Five Categories

A generic term that could refer to the division of any set of items or subjects into five distinct groups.

Photos app

A software application designed for organizing, editing, and sharing photos stored on a computer or mobile device.

Temperature

A measure of the warmth or coldness of an object or environment, typically expressed in degrees Celsius or Fahrenheit.