Compare the List of Accounts Below and Choose the List

question 120

Multiple Choice

Compare the list of accounts below and choose the list that contains only accounts that would be classified as asset accounts on the Chart of Accounts.

• A) Unearned Revenue; Accounts Payable; Owner's Withdrawals.
• B) Notes Payable; Cash; Owner's Withdrawals.
• C) Building; Prepaid Insurance; Supplies Expense.
• D) Accounts Payable; Cash; Supplies.
• E) Cash; Prepaid Insurance; Equipment.

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Definitions:

Carpal Tunnel Syndrome

A condition causing pain, numbness, and weakness in the hand and arm due to pressure on the median nerve in the wrist.

Bladder Cancer

A type of cancer that begins in the cells of the bladder, the organ that stores urine.

Liver Disease

A broad term encompassing a range of conditions affecting the liver that impair its ability to function properly.

Farmer's Lung

An allergic reaction resulting in lung inflammation, caused by inhaling dust from moldy crops or hay.