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# Question 5.4 Which of the following is not an asset? 2 points O owners equity O investments O cash O inventory Question 5.5 2

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# Question 5.4 Which of the following is not an asset? 2 points O owners equity O investments O cash O inventory Question 5.5 2 points The assets and liabilities of a company are $128,000 and $84,000, respectively. Owner's equity should equal: O $212,000. O 5128,000. $84,000. 544,000. x Question 5.6 Prepaid insurance is reported on the balance sheet as a: 2 points O fxed asset. O current asset O long-term liability o current liability

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