Which of the Following Is NOT Part of Owner's Equity

question 156

Multiple Choice

Which of the following is NOT part of owner's equity?

• A) Accounts receivable
• B) Capital
• C) Notes payable
• D) Both A and C

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Definitions:

Air-Fuel Mixture

The blend of air and fuel that is fed into an internal combustion engine's cylinders for combustion.

Combustion Chamber

The enclosed space within an engine where fuel combustion occurs, driving the pistons and producing power.

Ignite

To set alight or begin to burn; in automotive terms, refers to the initiation of combustion.

Passive

Pertaining to systems or components that operate without active electronic control or input from the user.