Rent paid in advance will be deducted from:
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Rent paid in advance will be deducted from:
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- Rent paid in advance is an example of which of the following? A. accrued expense B. accrued revenue C. deferred expense (prepaid expense) D. deferred revenue (unearned revenue)Rent paid in advance can be categorized as a. Deferred expense (Prepaid expense) b. Accrued revenue c. Deferred revenue (Unearned revenue) d. Accrued expenseWhat is unearned income ,income recived in advance ?