Homework Answers
Answer : 1) The answer is option D.
Assets include cash, property, plant, equipment and external stock portfolio. As options A, B and C are correct, hence option D is the correct answer.
2) The answer is option E.
Liabilities include wages payable and interest expense. Where asset include prepaid insurance. As options B and C are correct, hence option E is the correct answer.
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Which of the following would be considered an asset? O A. External stock portfolio O B....
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