Which of the Following Accounts Would Appear on the Financial

question 142

Multiple Choice

Which of the following accounts would appear on the financial statements of ONLY a manufacturing firm?

• A) bonds payable
• B) materials inventory
• C) prepaid insurance
• D) retained earnings

---

Definitions:

Legal

Pertaining to the law or the application of the law, including regulations, rights, and obligations.

Good Listener

A person who pays attentive and empathetic attention to someone speaking, demonstrating understanding and interest.

Personality Hazards

Behavioral or personality traits that may increase the risk of harm or loss, often considered in assessing insurance risks.