Which of the Following Accounts Would Appear in the Balance

question 86

Multiple Choice

Which of the following accounts would appear in the balance sheet credit column?

• A) Prepaid insurance
• B) Buildings
• C) Unearned service revenue
• D) Service revenue

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Definitions:

Unrealistic Optimism

The tendency to overestimate the probability of positive outcomes and underestimate the likelihood of negative events.

Technophobia

The fear or dislike of advanced technology or complex devices, especially computers.

Inertia

Inertia is the resistance to change in state of motion or rest, applying to physical objects as well as to organizations and individuals' reluctance to change their behaviors or beliefs.

Breakup Of A Work Group

The dissolution or disbanding of a team or group within an organization, often due to operational changes, conflicts, or reorganization.