Which of the following is an example of liability of a business? a. prepaid insurance. b. cash. c. unearned revenue d. Salary paid
Which of the following is an example of liability of a business? a. prepaid insurance. b. cash. c. unearned revenue d. Salary paid
Chapter5: Completing The Accounting Cycle
Section: Chapter Questions
Problem 2MC: Which of the following accounts is considered a permanent or real account? A. Interest Revenue B....
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Question
Which of the following is an example of liability of a business?
a.
prepaid insurance.
b.
cash.
c.
unearned revenue
d.
Salary paid
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