Accountıng I Deneme Sınavı Sorusu #1313639

Which of the following is not one of the asset accounts of firms?


Cash

Account receivables

Notes receivables

Unpaid expenses

Equipment


Yanıt Açıklaması:

Assets are economic resources that provide a future benefit for a business –something the business
owns. Most firms use the following asset accounts:
• Cash 
• Accounts Receivable

• Notes Receivable
• Prepaid Expenses. 
• Land 
• Buildings
• Equipment, Furniture, and Fixtures.

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