Identify the Account Below That Is Classified as a Liability

question 24

Multiple Choice

Identify the account below that is classified as a liability in a company's chart of accounts:

• A) Cash
• B) Accounts Receivable
• C) Supplies
• D) Salaries Expense
• E) Unearned Revenue

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Definitions:

Jumping

A physical action involving pushing the body off the ground with one or both feet and landing.

Myelination

The process of coating the axons of neurons with a fatty layer, called myelin, to increase the speed at which information travels through the nervous system.

Cognitive Deficit

A deficiency or impairment in mental processes such as thinking, reasoning, memory, or understanding.

Adult Weight

The expected or actual weight of an individual upon reaching full physical maturity, often used as a benchmark for assessing health and nutritional status.