Which account below is not an Expense account?
A) Utilities
B) Rent
C) Accounts Payable
D) Advertising
Correct Answer:
Verified
Q7: Income Statement accounts are also called:
A)Equity accounts
B)Permanent
Q8: To re-sort the Chart of Accounts,first display
Q9: A company's office furniture is classified as
Q10: The different types of business ownership are:
A)Sole
Q11: Balance Sheet accounts are also called:
A)Permanent accounts
B)Temporary
Q13: Which of the following is a liability?
A)Accounts
Q14: Which of the following is considered a
Q15: Which of the following is an asset?
A)Mortgage
Q16: How do you access the screen to
Q17: What does the Chart of Accounts list?
A)Assets,liabilities
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