Which of the following is NOT an asset account:
A) Cash
B) Land
C) Services Revenue
D) Equipment
E) Buildings

Name: Which of the following is NOT an asset account: A) Cash B) Land C) Services Revenue D) Equipment E) Buildings
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Question

Quizplus · Accepted Answer

Services Revenue is a revenue account, not an asset account. Asset accounts refer to resources owned by the company that can provide future economic benefits. Examples of asset accounts include cash, land, equipment, and buildings.

Which of the Following Is NOT an Asset Account