Which of these is not an asset?
A) Accounts payable.
B) Loan to J Troja.
C) Accounts receivable.
D) Both A and B.
Correct Answer:
Verified
Q9: Identify the asset.
A)Bank overdraft.
B)Plant and equipment.
C)Loan from
Q10: Which of the following is a liability?
A)Drawings.
B)Prepaid
Q11: 'A present obligation of an entity arising
Q12: Which of the following would appear in
Q13: Which of these does not belong with
Q15: Which of the following is the correct
Q16: Identify the intangible asset.
A)Brand name.
B)Loan.
C)Accounts payable.
D)Inventory.
Q17: If liabilities are $45,000 and equity is
Q18: Which of these is not always a
Q19: Which of the following is not necessarily
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