Select the Account Types for These Items

question 30

Multiple Choice

Select the account types for these items:
Prepaid insurance
Mortgage
GST Collected
Light and power

• A) Expense, liability, liability, equity
• B) Asset, equity, asset, expense
• C) Asset, liability, liability expense
• D) Expense, liability, asset, liability

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Definitions:

Antagonistically

Describes muscles that work in opposition to each other to enable movement, as when one muscle contracts, the antagonist relaxes.

Flexor Digitorum Longus

A muscle in the lower leg that flexes the toes and helps in walking.

Tibialis Anterior

A muscle in the lower leg that is involved in dorsiflexion and inversion of the foot.

Fibularis Brevis

A muscle located on the lateral part of the lower leg, involved in plantar flexion and eversion of the foot.