question archive What type of account is Prepaid Rent, and what is its normal balance? It is a liability account and has a credit balance
What type of account is Prepaid Rent, and what is its normal balance? It is a liability account and has a credit balance
Subject:AccountingPrice: Bought3
What type of account is Prepaid Rent, and what is its normal balance? It is a liability account and has a credit balance. It is an expense account and has a debit balance. It is a revenue account and has a credit balance. It is an asset account and has a debit balance.
