All of the Following Are Asset Accounts Except

question 99

Multiple Choice

All of the following are asset accounts except:

• A)Accounts Receivable.
• B)Buildings.
• C)Supplies expense.
• D)Equipment.
• E)Prepaid insurance.

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Definitions:

Product Costs

The costs that are directly associated with the production of goods or services, including labor, materials, and manufacturing overhead.