Which of the following accounts is not a liability? (2024)

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Liability

Which of the ...

A

Accounts Payable

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B

Accounts Receivable

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Which account is not a liability account?Definition of liability accounts | Accounting glossary

C

Salaries Payable

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D

Expenses Payable

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Solution

The correct option is B

Accounts Receivable

All of the above are liabilities except Accounts Receivable which is an asset.


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Which of the following accounts is not a liability? (2024)
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