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which one is it For prepaid expense adjusting entries O an expense-liability account relationship exists. O prior to adjustment, expenses are overstated and assets are

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For prepaid expense adjusting entries O an expense-liability account relationship exists. O prior to adjustment, expenses are overstated and assets are understated. O the adjusting entry results in a debit to an expense account and a credit to an asset account. none of these answer choices are correct

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