The Account Type and Normal Balance of Prepaid Expense Is

question 118

Multiple Choice

The account type and normal balance of Prepaid Expense is

• A) revenue, credit
• B) expense, debit
• C) liability, credit
• D) asset, debit

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Definitions:

General Adaptation Syndrome

describes the three-stage process (alarm, resistance, exhaustion) that the body undergoes while responding to stress, as identified by Hans Selye.

Nervous Exhaustion Condition

A non-specific medical term used historically to describe mental and physical symptoms of stress, anxiety, or depression.

Cancer

A disease characterized by the uncontrolled growth and spread of abnormal cells in the body.

Onset

The beginning or start, often used in a medical context to refer to the initiation of symptoms or the disease process.