Which expenses would most likely be classified as prepaid expenses (asset) rather than accrued expenses (lability)? 4 Check All That Apply 2 points Wages eBook Print Rent References Insurance Premiums Utilities (power, water, etc) 5 points You are reviewing the records for you business and the accounting department has given you the following inventory schedule. Inventory Item Cost of Item Market Value A $4,400 $5,450 B 7,450 6,550 6,700 6,700 D 4,050 4,850 E 8,300 8.900 F 9,350 8,600 Book When the financial statements are prepared and assuming the accounting department analyzes each item separately, the amount presented on the balance sheet in Inventory will be: Print C A B D E References 1 2 WN 3 Inventory = 4 5 7 8 9 10