Identify the Account Below That Is Classified as an Asset

question 86

Multiple Choice

Identify the account below that is classified as an asset account:

• A)Unearned Revenue
• B)Accounts Payable
• C)Supplies
• D)Retained Earnings
• E)Service Revenue

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Definitions:

Sensory Stimulation

Any activity that arouses one or more of the five senses: sight, sound, touch, taste, and smell, with the aim of enhancing learning or enjoyment.

Automatic Response

A behavior that is performed without conscious thought as a reaction to a specific stimulus.

Fetal Alcohol Syndrome

A condition in a child resulting from alcohol exposure during the mother's pregnancy, causing growth problems, facial abnormalities, and intellectual disabilities.

Visual Impairments

A decrease in the ability to see to a significant degree that cannot be corrected fully with conventional glasses.