Odd-man out: Select the word that does not belong to the group.Select one:a.Accrued Interest Expenseb.Salaries Expensec.Cashd.Drawing
Question
Odd-man out: Select the word that does not belong to the group.Select one:a.Accrued Interest Expenseb.Salaries Expensec.Cashd.Drawing
Solution
The word that does not belong to the group is "Cash". Here's why:
a. Accrued Interest Expense b. Salaries Expense c. Cash d. Drawing
All the other options (a, b, and d) are types of expenses or withdrawals, which are outflows or using up of assets as a result of the primary operations of the business. On the other hand, "Cash" is an asset, not an expense or withdrawal. Therefore, "Cash" is the odd one out in this group.
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