Which of the following would appear in the debit column on the unadjusted trial balance?
A)Retained Earnings
B)Deferred Revenue
C)Prepaid Rent
D)Note Payable

Name: Which of the following would appear in the debit column on the unadjusted trial balance? A)Retained Earnings B)Deferred Revenue C)Prepaid Rent D)Note Payable
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Question

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Assets and expenses have debit balance while liabilities,revenues,and stockholders' equity have credit balances.Since Prepaid Rent is an asset,it has a debit balance.

Which of the Following Would Appear in the Debit Column