What is difference between prepaid rent and deferred rent

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Reference no: EM13320327

1.What is the difference between prepaid rent and deferred rent?

2.Describe in general terms what accrued liabilities are.

3.What would generate the interest income that is reported on the income statement?

4.What company assets would not have balances on a post-closing trial balance?

Reference no: EM13320327

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