Identify the Account Below That Is Classified as an Asset

question 167

Multiple Choice

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

• A) Accounts Payable
• B) Accounts Receivable
• C) Owner's Capital
• D) Unearned Revenue
• E) Service Revenue

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Definitions:

Reproductive Capacities

The biological capability of individuals or species to produce offspring, involving various physiological and genetic factors.

DNA

DNA, the molecule that holds the genetic guidelines necessary for the development, growth, functioning, and reproduction of all documented living entities and numerous viruses.

Chromosomes

Filamentous entities found within the nucleus of both animal and plant cells, composed of protein and a single DNA molecule, responsible for bearing genetic information.

Bone Cells

Cells that form the different types of bone tissue, including osteoblasts that build bone, osteoclasts that break down bone, and osteocytes that maintain bone tissue.