1. Which of the following accounts is NOT an asset account? a. Cash b. Accounts Payable c. Building d. Equipment 2. Which of the following accounts is not a liability account? a. Notes Payable b. Accounts Payable c. Wages Payable d. Fees Earned 3. Increases in stockholders' equity as a result of selling services or products to customers are known as a. expenses. b. revenues. c. assets. d. liabilities.