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A prepayment may be recorded in prepaid rent, a balance sheet account. The alternative method to record the prepayment is to debit the ____________ of ____________ account.
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A prepayment may be recorded in prepaid rent, a balance sheet account. The alternative method to record the prepayment is to debit the ____________ of ____________ account.

User Allahjane
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1 Answer

3 votes

Answer:

Rent, expenses

Step-by-step explanation:

A prepayment may be recorded in prepaid rent, a balance sheet account. The alternative method to record the prepayment is to debit the rent of expense account.

User Rctneil
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