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44)The account title used for recording the payment of rent in advance for an office building is. A) Prepaid Rent C) Rent Revenue : B)

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44)The account title used for recording the payment of rent in advance for an office building is. A) Prepaid Rent C) Rent Revenue : B) Rent Payable D) Rent Expense 45)Which of the following accounts is an asset? A) Salaries Expense; B) Accounts Payable C) Service Revenue; _D) Prepaid Expense 46) Which of the following is a liability account? A) Prepaid Advertising; B) Cash C) Building; D) Unearned Rent 47) Owner, Capital is a separate account in the category of the accounting equation. A) equity; B) asset; C) liability; D) revenue; E) None of the above 48) Companies use a ledger to show all of the increases and decreases in each account along with their balances. . A. True or B. False

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