题目内容

A The insurance policy must be _ .B _ will cover those expenses.

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A _ is more flexible than cash basis.B Credit purchases are recorded in _ .

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A are expenses that are paid in advance.B records only the exchange of cash.

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What is the passage mainly about?

A. how to account for non-cash assets
B. what items to pay for ahead of time
C. how to use a new type of accounting
D. what purchases can be made on credit

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Prepaid expenses are

A. a type of payable account.
B. non-cash accounts that involve credit.
C. allocated to expense accounts monthly.
D. a good option with cash basis accounting.

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A The insurance policy must be _________________________________ .B _________________________________ will cover those expenses.

A _________________________________ is more flexible than cash basis.B Credit purchases are recorded in _________________________________ .

A ________________________________are expenses that are paid in advance.B ________________________________ records only the exchange of cash.

What is the passage mainly about?

Prepaid expenses are

A The insurance policy must be _ .B _ will cover those expenses.

A _ is more flexible than cash basis.B Credit purchases are recorded in _ .

A are expenses that are paid in advance.B records only the exchange of cash.