Answer:
The answer is A.
Explanation:
Current asset is an asset that has a life span of less than 12 months(a year). If its life span is more than a year or 12 months, then it is non-current asset.
Prepaid rent is a current asset. A rent usually lasts for a year. It is an advanced payment. The money has been paid but the service has not been fully enjoyed. So we treat it as a current asset
Option B is a current liability.
Option C is a non-current asset
Option D is an equity
