11) Which of the following accounts is NOT an example of an asset? A) Notes payable C) Building B) Cash D) Accounts receivable 12) Which of the following accounts is NOT an example of a liability? 12) A) Wages payable C) Accounts payable B) Accounts receivable D) Notes payable 13) Which of the following are accrued liabilities? 13) A) Salary payable C) Taxes payable B) Interest payable D) All of the above 14) Which of the following accounts increases with a credit? 14) A) Prepaid expenses C) Accounts receivable B) Cash D) Common stock 15) Which of the following accounts decreases with a credit? 15) A) Accounts payable C) Common stock B) Cash D) Retained earnings 16) Which of the following accounts increases with a debit? 16) A) Accounts payable C) Cash B) Common Stock D) Interest payable 17) 17) Joumalizing a transaction means: A) calculating the balance in an account B) recording the transaction, including a brief explanation. C) copying the information from the journal to the ledger D) finding the account number in the chart of accounts 18) A business purchased $200 of supplies on account and recorded the following journal entry: 18) Which of the following sets of ledger accounts reflect the posting of this transaction? A) Accousts payable B) Accousts payable c) D)