Multiple Choice
Which of the following is NOT an asset account?
A) Accounts Receivable
B) Prepaid Rent
C) Common Stock
D) All of these are asset accounts.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q59: A record of all the changes in
Q105: A chart of accounts is organized in
Q106: When a business makes a sale on
Q107: When a company performs a service and
Q109: The Balance Sheet lists:<br>A)assets, liabilities, and revenues.<br>B)revenues
Q111: Accrued Salaries Payable is a liability account.
Q112: If the credit amount of an entry
Q115: A trial balance is a list of
Q124: Accounting transactions are initially recorded in the:<br>A)T-account.<br>B)ledger.<br>C)journal.<br>D)financial
Q152: An owner makes an investment of cash