Question

classify the following accounts under the types of assets, liabilities,incomes and expenses

Mr. Rohit's capital A/c
Drawing A/c
Prepaid Rent A/c
Patent A/c
Prepaid Expenses A/c
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Answer 1

Answer:

Explanation:

assets: Mr. Rohit's capital A/c Patent A/c

liabilities: Prepaid Rent A/c  Prepaid Expenses A/c

expenses  Drawing A/c