Which of the Following Accounts Is Not Included in the Liability

question 33

Multiple Choice

Which of the following accounts is not included in the liability section of the balance sheet?

• A) Accounts receivable.
• B) Notes payable.
• C) Wages payable.
• D) Accounts payable.
• E) Taxes payable.

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Definitions:

Folded Surfaces

Structures in biological systems that have been folded to increase their surface area, enhancing their capacity for processes such as absorption or secretion.

Microvilli

Tiny, finger-like protrusions on the surface of some epithelial cells that increase surface area for absorption and secretion.

Intercalated Disc

Specialized cell-cell junctions between cardiac muscle cells that facilitate the synchronized contraction of the heart.

Gap Junctions

Specialized intercellular connections that facilitate the direct transfer of ions and small molecules between the cytoplasms of adjacent cells.