Compare the List of Accounts Below and Choose the List

question 212

Multiple Choice

Compare the list of accounts below and choose the list that contains only accounts that would be classified as asset accounts on the Chart of Accounts.

• A)Accounts Payable; Cash; Supplies.
• B)Unearned Revenue; Accounts Payable; Dividends.
• C)Building; Prepaid Insurance; Supplies Expense.
• D)Cash; Prepaid Insurance; Equipment.
• E)Notes Payable; Cash; Dividends.

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Definitions:

Pillar

A structural element used to support buildings and large structures, known for its strength and stability.

Straw Man Argument

A straw man argument is a fallacy in which an opponent's position is misrepresented to be easily attacked or refuted, rather than engaging with the actual argument presented.

Class Discussion

An interactive session in an educational setting where students and teacher engage in dialogue covering specific topics or materials.

Diversion

The fallacy of trying to support one proposition by arguing for another proposition.