So hello dear student today we are sharing with you the best question. The question is that the "the prepaid expenses is what type of account". There we will discuss the full answer to this question with a detailed explanation. 

Today we discussed what type of the prepaid expense is and what type of account and also read the full study about these prepaid expenses has been written on which side in the balance sheet and In which head comes these prepaid expenses.


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The question is that:-


Q. Prepaid expenses is what type of account?


The prepaid expenses are the type of asset that shows the result that the business makes the advance payment for goods and services to be received in the future.


Asset type of account of prepaid asset and the prepaid expenses has to be written on the balance sheet asset side on the other current asset head






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