Indicate Which of These Items Is an Asset (A), Liability

question 148

Short Answer

Indicate which of these items is an asset (A), liability (L) or equity (E) account
______(1) Supplies
______ (2) Dividends
______ (3) Buildings
______ (4) Note Payable
______(5) Taxes Payable

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Definitions:

Factual and Feeling Elements

Aspects of information or communication that contain objective truths alongside emotional or subjective responses.

Firewalls

Security systems designed to protect a network or computer from unauthorized access or cyber attacks.

Antivirus Software

Software that prevents and removes computer viruses. Such programs may also detect and remove adware and spyware.

Disk Cleanup

A computer maintenance utility designed to free up disk space on computer users’ hard drive.