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Prepaid insurance would appear on a classified balance sheet as a(n):

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Prepaid insurance would appear on a classified balance sheet as a(n):

Prepaid insurance would appear on a classified balance sheet as a(n):
A) long-term liability.
B) long-term asset.
C) current asset.
D) other asset.

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Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition

Edition: 9^th

Authors: Horngren, Harrison, Johnston, Meissner, Norwood

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