Question

Which of the following is not an expense account?

A. Wages payable
B. Employer paid benefit costs
C. Maintenance for computers
D. Office supply costs

Answer 1

The correct answer is D. Office supply costs is not an expense account. Expense accounts are used to track the costs incurred by a business in order to generate revenue.

Step-by-step explanation:

The correct answer is D. Office supply costs is not an expense account. Expense accounts are used to track the costs incurred by a business in order to generate revenue.

They include expenses such as wages payable, employer-paid benefit costs, and maintenance for computers. However, office supply costs are considered as an asset and not an expense account.