Which of the following is not an example of a liability?
A)Account receivable.
B)Wages payable.
C)Interest payable.
D)Bonds payable.

Question

Quizplus · Accepted Answer

An account receivable is an asset, not a liability. It represents money owed to a company by its customers, and it is expected to be paid within a specific timeframe. Liabilities are financial obligations that a company owes to others, such as debt, salaries, or taxes. Wages payable, interest payable, and bonds payable are all examples of liabilities.

Which of the Following Is Not an Example of a Liability