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Question No: 4 ( Marks: 1 ) - Please choose one If a business pays rent in advance for 12 months, it will be treated

Question No: 4 ( Marks: 1 ) - Please choose one

If a business pays rent in advance for 12 months, it will be treated as:

Prepaid expenses of business

Long term liability of business

Fixed assets of business

Current liability of business

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