Which of these is not an income type item?Group of answer choicesRoyalties receivedCommission receivedAccounts receivableFees received

Question

Which of these is not an income type item?Group of answer choicesRoyalties receivedCommission receivedAccounts receivableFees received
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Solution 1

The item that is not an income type is "Accounts Receivable". This is because accounts receivable is an asset account, representing money owed to a business by its customers from sales on credit. It is expected to be received in the future. On the other hand, royalties received, commission received, Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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