Question

Which of the following is not an expense?
(a) Salaries
(b) Rent
(c) Purchase
(d) Drawings​

Answer 1

Answer:

I think.

D.) Drawing..

is your answer..

Explanation:

Hope it helps you..

Thanks..

Answer 2

Answer:

(d) Drawings​

Explanation:

(d) Drawings​

Is the correct option for this question .

Drawings from a company owner lower the owner's equity; as a result, they are not considered expenses. All credit amounts in the drawings account are transferred with a negative balance to the owner's equity account.

Important. The drawing account does not shown on the company's income statement because it is not a cost. The drawing account schedule may be used to display the specifics and an overview of distributions made to each business partner.

The drawing account is a decrease in the owners' equity in the company rather than a cost. The drawing account's purpose is to keep track of distributions to owners over the course of a single year. Afterward, it is closed (with a credit) and the remaining amount is transferred to the owners' accounts.

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