Which of these is not an asset?
A) accounts payable
B) accounts receivable
C) loan to J. Troja
D) A and B

Name: Which of these is not an asset? A) accounts payable B) accounts receivable C) loan to J. Troja D) A and B
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Question

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Accounts payable is a liability, not an asset. Assets are items that a company owns and has value, while liabilities are obligations and debts owed by the company. Accounts receivable and loans are both examples of assets, as they represent amounts that will be received in the future.

Which of These Is Not an Asset