Prepaid expenses have a Not been recorded as expenses but ha

Prepaid expenses have:

a. Not been recorded as expenses but have been paid

b. Been recorded as expenses and paid

c. Not yet been recorded as expenses

d. Been incurred and paid

Prepaid expenses is that expenses which is not incurr but have been paid.

Prepaid expenses is incurr in future and recognized as expenses in future.

Prepaid expenses have:

so answer is a) Not been recorded as expenses but have been paid