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.

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Rctneil · Answer 1 · 2021-06-09T17:05:39+0000

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.

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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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