Which of the following accounts is NOT a liability?
A) Accounts Payable
B) Salaries Payable
C) Unearned Rent
D) All of the above answers are liabilities.
Correct Answer:
Verified
Q15: Rental Income is what type of account?
A)
Q16: Beginning inventory was $3,600, purchases totaled $20,200
Q17: What inventory method is used when the
Q18: When the adjustment for Unearned Rent Revenue
Q19: The normal balance for Unearned Rent Revenue
Q21: As the Unearned Rent Revenue is earned:
A)
Q22: On November 1, Call Center received $4,800
Q23: The normal balance of Rental Income is:
A)
Q24: An account never used in an adjusting
Q25: The adjustment for supplies used would be
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