Which of the Following Is Not an Asset

question 64

Multiple Choice

Which of the following is not an asset?

• A)Cash
• B)Notes receivable
• C)Contributed capital
• D)Land

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Definitions:

Quantity

The property of something that determines its magnitude; the amount or number of a material or immaterial thing not usually estimated by spatial measurement.

Argument

A series of statements or reasons made to persuade others that an idea or proposition is true or valid.

Subject Class

A category or group of subjects sharing common characteristics or attributes.

Standard Form A

A specific variation of standard form, often used to denote a particular method or structure of presenting equations or arguments.