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Prepayment is treated in the balance sheet of firm as a

Prepayment is treated in the balance sheet of firm as a
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Fixed asset
  • B Long-term liability
  • C Current asset
  • D Current liability
Correct Answer: Option C
Explanation:

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