Odd-man out: Select the word that does not belong to the group.Select one:a.Insurance Expenseb.Doubtful Accountsc.Interest Expensed.Prepaid Rent Expense

Question

Odd-man out: Select the word that does not belong to the group.Select one:a.Insurance Expenseb.Doubtful Accountsc.Interest Expensed.Prepaid Rent Expense
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Solution 1

The word that does not belong to the group is "b. Doubtful Accounts".

Here's why:

a. Insurance Expense, c. Interest Expense, and d. Prepaid Rent Expense are all types of expenses that a business may incur.

However, b. Doubtful Accounts is not an expense. It is a contra asset account that is use 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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