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Home Q & A Board Other Fields Homework Help Business Accounting
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shy567 shy567
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5 years ago
If a company initially records a prepaid expense as an asset, an adjusting entry must be made at the end of the period to increase the expense account.
[True or False]
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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lmunizlmuniz
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5 years ago
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shy567 Author
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#2
5 years ago
Smart ... Thanks!
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