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Sidana [21]
2 years ago
12

The adjusting entry for a prepaid expense includes a debit to a(n) ______ account

Business
1 answer:
ziro4ka [17]2 years ago
4 0

The adjusting entry for a prepaid expense includes a debit to a expense account and a credit to an asset account.

<h3>What is adjusting entry ?</h3>

An adjusting journal entry  can be described d as the  entry in a company's general ledger which is been carried out at end of an accounting period in order to have the record of any unrecognized income or expenses.

It should be noted that The adjusting entry for a prepaid expense includes a debit to a expense account and a credit to an asset account.

Find out more on adjusting entry at :

brainly.com/question/13933471

#SPJ1

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dybincka [34]

Answer:

35.09%

Explanation:

Data provided as per the question

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3 years ago
Assume that you are given the following historical returns for the Market and Security J. Also assume that the expected risk-fre
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