Which of the Following Accounts Is Not a Liability

question 88

Multiple Choice

Which of the following accounts is not a liability?

• A) Wages Payable
• B) Prepaid Rent
• C) Accounts Payable
• D) Notes Payable

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Definitions:

Real Solutions

The solutions of an equation that result in real numbers.

Complex Solutions

Solutions to equations that include imaginary numbers, indicating values that cannot be found on the real number line.

Time

The indefinite continued progress of existence and events in the past, present, and future regarded as a whole.

Height

The measurement of someone or something from base to top or (in more abstract senses) any measure of vertical distance, often used in geometry and physics.