If a business pays rent in advance for 12 months it will be-13605
If a business pays rent in advance for 12 months, it will be treated as:
This multiple choice question (MCQ) is related to the book/course vu mgt101 Financial Accounting. It can also be found in vu mgt101 Mid Term - Quiz No.2.
If a business pays rent in advance for 12 months, it will be treated as:
Prepaid expenses of business
Long term liability of business
Fixed assets of business
Current liability of business