In the case of a prepaid expense,the adjusting entry required at the end of a period consists of a debit to Prepaid expense.

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The adjusting entry for a prepaid expense at the end of a period consists of a debit to an expense account (reflecting the expense incurred during the period) and a credit to the prepaid expense account (to reduce the balance for the portion that has been used up).

In the Case of a Prepaid Expense,the Adjusting Entry Required