Which of the Following Accounts Is NOT an Asset Account

question 17

Multiple Choice

Which of the following accounts is NOT an asset account?

• A) Equipment
• B) Accounts Receivable
• C) Accounts Payable
• D) Supplies

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Definitions:

Approachable

Being easy to approach or speak to; friendly and receptive to others.

Allness

Tendency to use language to make unqualified, often untrue generalizations.

Polarization

The process in which opinions and attitudes become more extreme, often leading to increased division within groups or societies.

Indexing

Avoiding generalizations by using statements that separate one situation, person, or example from another.