All of the following are assets except:
A)land.
B)cash.
C)Accounts Receivable.
D)owner withdrawals.

Question

Quizplus · Accepted Answer

Owner withdrawals represent the amount of money or assets that the owner takes from the business for personal use. They are not considered assets of the business; instead, they reduce the owner's equity in the business. Assets are resources owned by a business that have economic value and can be converted into cash (e.g., land, cash, accounts receivable).

All of the Following Are Assets Except