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Prepaid expenses appear: 1.As an expense on the income statement.2.As an asset on the balance sheet.3.As a liability on the balance sheet.4.As a reduction to
Prepaid expenses appear:
1.As an expense on the income statement.2.As an asset on the balance sheet.3.As a liability on the balance sheet.4.As a reduction to retained earnings.
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Management Information Systems Managing the Digital Firm
Authors: Kenneth C. Laudon, Jane P. Laudon
15th edition
134639715, 978-0134639710
