what is the correct answer

A) liability. B) asset () contra maset 41) As Prepaid Rent is used, the assel becomes a(n) A) liability. Bj expense. () contra-asset. D) reverout. 42) II Prepaid Rent for the period is not adjusted A) asacts will be overstated and capene's will be overstated B) assets will be overslated and expenses will be understated. Cyassets will be understated and expenses will be overstated Dj assets will be understated and expenses will be understated. 43) If the Office Supplies account is not adjusted, A) assets will be overstated and expenses will be understated By anacts will be overstated and expenses will be overstated. Gassets will be understated and expenses will be overstated. Dj assets will be understated and expenses will be understated. 44) When historical cost is used in record equipment, it would appear as the A) original cost on the balance sheet. Dj market value on the balance sheet. C) residual value on the balance sheet Dj original cast on the Income statement 45) When historical cost is used in the accounting records, the book value of the asset is A) the original cust By the market value. C) original cost less accumulated depreciation. D) appraised value. 46) The cost of an asset less accumulated depreciation equals A) residual value Bj book value. C) depreciation expense. D) None of these answers are correct