Which of the following is not considered to be a liability?
A) Wages Payable
B) Accounts Receivable
C) Unearned Revenues
D) Accounts Payable

Name: Which of the following is not considered to be a liability? A) Wages Payable B) Accounts Receivable C) Unearned Revenues D) Accounts Payable
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Question

Quizplus · Accepted Answer

Accounts Receivable is considered an asset, not a liability. The other answer choices are all examples of liabilities.

Which of the Following Is Not Considered to Be a Liability