Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

When an expense is paid in cash before it is used, it is called a(n) A. cash expense. B. estimated expense. C.prepaid expense. D. accrued

image text in transcribed
When an expense is paid in cash before it is used, it is called a(n) A. cash expense. B. estimated expense. C.prepaid expense. D. accrued expense

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions