Which of the Following Would NOT Be Listed as an Asset

question 13

Multiple Choice

Which of the following would NOT be listed as an asset on the balance sheet of a hardware store?

• A)nuts and bolts
• B)a set of metric wrenches
• C)display cabinets
• D)a $55 credit card charge from a store patron
• E)accounts payable

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Definitions:

Progressive Future Tense Verbs

Verbs that are used to describe actions that will be ongoing or continuous in the future, typically formed with the auxiliary verb "will be" followed by the present participle of the main verb.

Past Tense Verbs

Past tense verbs refer to actions or states of being that happened or existed at a specific time in the past.

Simple Present Tense Verbs

Verbs that describe actions happening in the present time, used to express habitual or general truths.

Nouns

Words that identify people, places, things, or ideas.