Which is not an expense account indeed?

To determine which is not an expense account, we need to understand what constitutes an expense account. Expense accounts typically include costs incurred by a business in the process of earning revenue. Common examples include:

• Rent Expense
• Utilities Expense
• Salaries and Wages Expense
• Depreciation Expense
• Advertising Expense

Accounts that are not expense accounts might include:

• Asset accounts (e.g., Cash, Accounts Receivable)
• Liability accounts (e.g., Accounts Payable, Loans Payable)
• Equity accounts (e.g., Common Stock, Retained Earnings)
• Revenue accounts (e.g., Sales Revenue, Service Revenue)

Final Answer: An account that is not an expense account could be an asset, liability, equity, or revenue account. For example, "Cash" is not an expense account; it is an asset account.