All of the Following Are Classified as Liabilities Except

question 137

Multiple Choice

All of the following are classified as liabilities except:

• A)Accounts Receivable.
• B)Notes Payable.
• C)Wages Payable.
• D)Accounts Payable.
• E)Taxes Payable.

---

Definitions:

Paget's Disease

A chronic bone disorder that can lead to bone enlargement and deformity, affecting one or more bones.

Enlarged Bones

A condition characterized by the abnormal enlargement or thickening of bones, often due to diseases like osteoarthritis or acromegaly.

Humpback

A condition, also known as kyphosis, where there is an excessive outward curve of the spine, causing a hunched back.

Kyphosis

A forward rounding of the back, leading to a hunched posture, which can be due to various medical conditions.