ZOSP-AC161-44- Principles of Financial Accounting Chapter 9 Problem 9-1 T/F Homework Content Prepaid Maintenance is categorized as a Prepaid Asset, cash flows before expense recognition and the expense is recognized after cash flows out. Interest Receivable is categorized as a Accrued Asset, cash flow before revenue recognition and revenue is recognized after cash flow in. Equipment is categorized as a Property, Plant & Equipment, cash flows before expense recognition and expense is recognized after cash flow out. Rent Payable is categorized as a Accrued Liability, cash flows before expense recognition and expense is recognized after cash flow out. Unearned Rent Revenue is categorized as a Unearned Revenue, cash flows before revenue recognition and revenue is recognized after cash flow in. Building is categorized as a Property, Plant & Equipment, cash flows after expense recognition and expense is recognized before cash flow out. Prepaid Rent is categorized as a Prepaid Asset, cash flows before expense recognition and expense is recognized after cash flow out. Interest Payable is categorized as a Unearned Revenue, cash flows after expense recognition and expense is recognized before cash flow out. Unearned Ticket Revenue is categorized as a Unearned Revenue, cash flows before revenue recognition and revenue is recognized after cash flow in, Question 10 Rent Receivable is categorized as a Accrued Asset, cash flow after revenue recognition and revenue is recognized before cash flow in. Question 11 Prepaid Insurance is categorized as a Prepaid Asset, cash flows before expense recognition and expense is recognized after cash flow out. Question 12 Unearned Subscription Revenue is categorized as a Prepaid Asset, cash flows before revenue recognition and revenue is recognized after cash flow in