Which of the following is a typical prepaid expense?

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Choose the correct answer about prepaid expense
Posted by:
Ahmed kandil
23-April-2015

A Rent b. Insurance c. Wages d. Office Supplies

Accounting Auditing Financials Bookkeeping account

Question added by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group
Date Posted: 2015/03/25

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3 Answers

Wajahat Hussain

by Wajahat Hussain , Accounts Officer , Samra Enterprises

Usually Insurance is prepaid so answer is Option B

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Wasim khan wazir

by Wasim khan wazir , Finance Specialist , Mott Macdonald

Insurance............................

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by Linda Jaison , Accounts Executive , Orostar Explosion Proof Electrical Materials Trading LLC

The answer is B . Insurance

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