Which of the Following Accounts Is Not Included in the Acquisitions

question 49

Multiple Choice

Which of the following accounts is not included in the acquisitions class of transactions?

• A) inventory
• B) prepaid expenses
• C) sales discounts
• D) accounts payable

---

Definitions:

Debt Ratio

A financial metric comparing the total debt of a company to its total assets, indicating the proportion of a company's assets that are financed by debt.

Accrued Expenses

Expenses that have been incurred but not yet paid or recorded in the books, representing liabilities that a company owes.