Identify the item that should be treated as a deferred expense by a company.
A) Prepaid advertising
B) Unpaid wages
C) Unearned rent
D) Notes receivable

Name: Identify the item that should be treated as a deferred expense by a company. A) Prepaid advertising B) Unpaid wages C) Unearned rent D) Notes receivable
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Question

​Identify the item that should be treated as a deferred expense by a company. ​
A) Prepaid advertising
B) Unpaid wages
C) Unearned rent
D) Notes receivable

Quizplus · Accepted Answer

Prepaid advertising should be treated as a deferred expense by a company as it is an advance payment made for advertising services yet to be received.

​Identify the Item That Should Be Treated as a Deferred

Identify the Item That Should Be Treated as a Deferred