Which of the Following Is Not a Liability

question 17

Multiple Choice

Which of the following is not a liability?

• A) Accounts payable
• B) Loan payable
• C) Investment by owner
• D) Unearned revenue

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Definitions:

Cryptocurrencies

Digital or virtual currencies that use cryptography for security and operate independently of a central bank, enabling secure, anonymous transactions.

Blockchain

A decentralized digital ledger technology where transactions are recorded with an immutable cryptographic signature called a hash.

Secure Digital Transactions

Electronic payment processes that utilize encryption and security protocols to ensure the safe transfer of financial data over the internet.

Nonfinancial Businesses

Nonfinancial businesses are companies that primarily focus on producing goods and providing services unrelated to the financial services sector.