Accountancy, asked by nupurcharanpahari, 7 months ago

prepaid rent assets hai ki liability​

Answers

Answered by himanibanga18
3

Answer:

Prepaid rent is recorded as an asset when an organization makes a prepayment of rent to a landlord or a third-party. A liability is recorded when a company receives a prepayment of rent from a tenant or a third-party.

hope it will help you❤

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