menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    College Accounting Study Set 2
  4. Exam
    Exam 1: Accounting Concepts and Procedures
  5. Question
    Which Account Is NOT Included in the Asset Section of the Balance
Solved

Which Account Is NOT Included in the Asset Section of the Balance

Question 53

Question 53

Multiple Choice

Which account is NOT included in the asset section of the balance sheet?


A) Supplies
B) Utility Expense
C) Land
D) Computer

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q48: The basic accounting equation is:<br>A) Assets =

Q49: The three elements that make up a

Q50: A business received $10,000 from a customer

Q51: The income statement is completed before the

Q52: If Owner's Equity totals $73,000 and Liabilities

Q54: The function of accounting includes analyzing, recording,

Q55: Bob purchased a new computer for the

Q56: The right side of the accounting equation

Q57: The statement of Owner's Equity is the

Q58: Which of the following transactions affect Owner's

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines