Which of the following is not a liability? Accounts payable Unearned revenue Wages payable Prepaid expense
Which of the following is not a liability? Accounts payable Unearned revenue Wages payable Prepaid expense
Homework Answers
Answer is prepaid expense
Accounts payable is a Current liability
unearned revenue is a Current liability
Wages payable is a Current liability
prepaid expense is CURRENT ASSET ( expense paid in advance thus it is a Asset)
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Which of the following is not a liability? Accounts payable
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