1. Which of the following accounts is NOT an asset account?

1. Cash
2. Accounts Payable
3. Building
4. Equipment

2. Which of the following accounts is not a liability account?

1. Notes Payable
2. Accounts Payable
3. Wages Payable
4. Fees Earned

3. Increases in stockholders equity as a result of selling services or products to customers are known as

1. expenses.
2. revenues.
3. assets.
4. liabilities.