Which of the Following Accounts Belongs on the Asset Side

question 71

Multiple Choice

Which of the following accounts belongs on the asset side of a balance sheet?

• A) depreciation expense
• B) accounts payable
• C) inventory
• D) accruals

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Definitions:

Rubisco

An enzyme involved in the first major step of carbon fixation, a process by which atmospheric carbon dioxide is converted by plants to energy-rich molecules.

RuBP

Ribulose bisphosphate, a substance that plays a critical role in the process of carbon fixation in photosynthesis.

PGAL

PGAL, or Phosphoglyceraldehyde, is a three-carbon molecule that plays a crucial role in both photosynthesis and glycolysis, acting as an intermediate in the conversion of glucose and other sugars.

ATP

A molecule involved in energy transfer within cells, crucial for muscle contraction, nerve impulse propagation, and chemical synthesis.