All of the following but one represent collections for third parties. Which one of the following is not a collection for a third party?

Are you having trouble answering the question “All of the following but one represent collections for third parties. Which one of the following is not a collection for a third party?”? If that’s the case, you don’t need to worry anymore. Azanswer has brought you the correct answer to your question.

All of the following but one represent collections for third parties. Which one of the following is not a collection for a third party?

A. Sales tax payable.
B. Customer deposits.
C. Employee insurance deductions.
D. Social security taxes deductions.

Answer: B

We hope you have got the correct answer to your question “All of the following but one represent collections for third parties. Which one of the following is not a collection for a third party?”, which was part of Accounting MCQs & Answers. Thanks for choosing us.

Leave a Reply 0

Your email address will not be published. Required fields are marked *