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#1 2018-08-07 03:37:52

Ibraheem
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Which of the following would not be regarded as an asset?

Accounting Quizzes Financial Accounting Exam MCQs

Question:
Which of the following would not be regarded as an asset?

Option A):
An inventory of goods that have yet to be sold
Option B):
A piece of equipment owned by a business
Option C):
A sum of money owed to the business
Option D):
A building that has been rented for use by the business

Correct Answer is Option D):
A building that has been rented for use by the business

2018-08-07 03:37:52

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Re: Which of the following would not be regarded as an asset?



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