Which of the following is an asset?
A) Mortgage Payable
B) Accounts Payable
C) Inventory
D) Unearned Revenue
Correct Answer:
Verified
Q10: The different types of business ownership are:
A)Sole
Q11: Balance Sheet accounts are also called:
A)Permanent accounts
B)Temporary
Q12: Which account below is not an Expense
Q13: Which of the following is a liability?
A)Accounts
Q14: Which of the following is considered a
Q16: How do you access the screen to
Q17: What does the Chart of Accounts list?
A)Assets,liabilities
Q18: An example of a non-posting account is
Q19: The Income Statement:
A)Lists the accounts and account
Q20: Which of the following increases owner's equity?
A)Dividends
B)Business
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