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:

Ethnography

A qualitative research method used to study cultures and communities by observing and participating in the daily life of the subjects.

Quantitative Data

Data expressing a certain quantity, amount, or range, usually presented in numbers and statistics, and used for mathematical analysis and objective measurement.

Meanings

The significance or interpretation of a word, sign, symbol, or action to individuals or groups within a particular context.

Ethnography

A qualitative research method aimed at studying cultures and communities through close observation and participation.