menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Introductory Accounting
  4. Exam
    Exam 2: Selecting Your Business Structure
  5. Question
    Which of the Following Is Not One of the Basic
Solved

Which of the Following Is Not One of the Basic

Question 45

Question 45

Multiple Choice

Which of the following is not one of the basic categories or "elements" that accountants use to classify information in financial statements?


A) Assets
B) Distributions to owners
C) Revenues
D) Taxes

Correct Answer:

verifed

Verified

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

Related Questions

Q40: The financial accounting element that best describes

Q41: In accounting, the concept for whether information

Q42: A company has borrowed money from a

Q43: A ""deferred revenue"" is an example of

Q44: Expenses and losses are different because expenses

Q46: Which of the following is one of

Q47: Assume that a company obtains legal services

Q48: The financial accounting "element" that best describes

Q49: In accrual accounting, there are situations when

Q50: David's Loan loaned $2,000,000 to a customer

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