Accounting Capital Premium > Quiz – Prepaid Expenses – MCQ

Quiz – Prepaid Expenses – MCQ

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  • Time Limit: Unlimited
  • Level: Easy to Medium
  • Question Type: MCQs
  • Passing Score: 90%
  • No. of Questions: 12
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Prepaid Expenses are _____.

Credit Card Due = 10,000, Paid on Credit Card = 13,000, Prepaid Expense = _____.

_____ is an example of prepaid expense.

‘Prepaid Expense A/C’ is _____ to record the journal entry for prepaid expenses.

Prepaid expenses are recorded at the _____ of an accounting year.

Prepaid expense is a _____ account.

Prepaid expenses are also called _____ expenses.

Prepaid expenses are treated as _____.

The benefits related to prepaid expenses are received _____.

Prepaid expenses are shown in _____.

Prepaid expenses are _____.

Prepaid expense is a fictitious asset.

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