Home » Accounts (Principles of Accounts) » Which of the following is not a liability?Which of the following is not a liability? Which of the following is not a liability? A. accrued wages B. rent arrears C. prepayment D. insurance due but unpaid Correct Answer: Option C Explanation Related Posts In converting a partnership into a limited liability company, the necessary accounts to be opened… When shares are sold ‘at par’ it means they are issued at Accounting information is used by investors and creditors of a company to predict In the balance sheet, the subscription in arrears will be? Mayana Corporation uses special journals to record its transactions. If one of Mayana’s customers returns… The maximum amount which a company can raise by way of selling share is
Mayana Corporation uses special journals to record its transactions. If one of Mayana’s customers returns…
