Which of the Following Is NOT Considered an Accrued Expense

question 175

Multiple Choice

Which of the following is NOT considered an accrued expense account?

• A) Depreciation Expense
• B) Salaries Expense
• C) Rent Expense
• D) Interest Expense

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Definitions:

Discarded

Thrown away or disposed of as no longer useful or required after consideration.

Abandoned Property

Property that has been discarded by the owner, who has no intention to retain title or possession.

Eminent Domain

The right of a government to expropriate private property for public use, with compensation.

Mislaid

Property that is intentionally set down by someone who then forgets to retrieve it.