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1

Accounting Sep 05, 2020

1.Which of the following is an asset account?

 

a. accounts payable

 

b. common stock

 

c. unearned revenue

 

d. notes receivable

 

Expert Solution

1.Notes receivables is an assets account. It is also known as a promissory note. When the note is due within less than a year, It is considered as a current asset or If its due date is more than a year in the future, it is considered a non-current asset. So, the correct option is D "Notes Receivables".

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