32. Short-term Investments would be an example of what kind of account?
- An asset account.
- A liability account.
33. Accounts payable would be an example of what kind of account?
- An asset account.
- A liability account.
34. Accounts receivable would be an example of what kind of account?
- A liablity account.
- An asset account.
35. True or False: Your client was paid in cash for a service that they provided. They’ve asked you to leave it off their financial records. Since you are employed by the client, you should do what they ask.
- True
- False