Multiple Choice
All of the following accounts would be considered assets EXCEPT for:
A) Cash.
B) Retained earnings.
C) Prepaid expenses.
D) Notes receivable.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q74: The journal entry to record performing a
Q75: The normal balance of the Common Stock
Q76: A business purchases a truck by signing
Q77: Accounts are listed in the ledger:<br>A)alphabetically.<br>B)chronologically.<br>C)in random
Q78: The normal balance of an account:<br>A)is always
Q81: When the trial balance is out of
Q82: Double-entry accounting records only those transactions affecting
Q83: Making a cash payment to settle a
Q84: A listing of all of the accounts
Q97: When using a four-column ledger account format,