Basic Financial Accounting Short Questions: Which group of accounts is comprised of only assets?
Select one alternative:
A Accounts Receivable, Revenue, Cash
B Unearned revenue, Prepaid expenses, Cash
C Cash, Accounts Payable, Buildings
D Prepaid expenses, Buildings, Equipment

Question

Which group of accounts is comprised of only assets?
Select one alternative:
A Accounts Receivable, Revenue, Cash
B Unearned revenue, Prepaid expenses, Cash
C Cash, Accounts Payable, Buildings
D Prepaid expenses, Buildings, Equipment

Gonza R · Accepted Answer

C Cash, Accounts Payable, Buildings

Basic Financial Accounting Short Questions

Which group of accounts is comprised of only assets? Select one alternative: A Accounts Receivable, Revenue, Cash B Unearned revenue, Prepaid expenses, Cash C Cash, Accounts Payable, Buildings D Prepaid expenses, Buildings, Equipment

C Cash, Accounts Payable, Buildings

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