Which Account Is NOT Included in the Asset Section of the Balance

question 53

Multiple Choice

Which account is NOT included in the asset section of the balance sheet?

• A) Supplies
• B) Utility Expense
• C) Land
• D) Computer

---

Definitions:

Conscious Determinants

Factors that are consciously recognized and understood to influence an individual's thoughts, feelings, and behaviors.

Cognitive

Relating to mental activities such as thinking, understanding, learning, and remembering.

Psychoanalytic

Pertaining to a theory of psychology and method of psychotherapy that aims to treat mental disorders by investigating the interaction of conscious and unconscious elements in the mind.

Personality

The characteristic set of behaviors, cognitions, and emotional patterns that evolve from biological and environmental factors.