Prepaid expenses appear in the
A. Operating Expenses section of the income statement
B. Other Expenses section of the income statement
C. Current Assets section of the balance sheet
D. Current Liabilities section of the balance sheet
Answer: C
Prepaid expenses appear in the
A. Operating Expenses section of the income statement
B. Other Expenses section of the income statement
C. Current Assets section of the balance sheet
D. Current Liabilities section of the balance sheet
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