Match the Type of Account (A Through E) with the Business

question 162

Multiple Choice

Match the type of account (a through e) with the business transactions that follow.
-Electric bill to be paid next month.

• A)Prepaid expense
• B)Accrued expense
• C)Unearned revenue
• D)Accrued revenue
• E)None of these choices

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Definitions:

Management Skills

The abilities and competencies that enable an individual to manage others efficiently and effectively.

Technical Skill

The ability to use expertise to perform a task with proficiency.

Human Skill

The ability to work well in cooperation with other people.

Cooperation

The act of working together towards common goals or interests, often involving shared efforts, resources, and support.