A Statement of financial position would report prepayments as: (a) Current liabilities (b) Current assets (c) Non-current
Question:
A Statement of financial position would report prepayments as:
(a) Current liabilities
(b) Current assets
(c) Non-current assets
(d) Deduction from the capital
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Related Book For 
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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