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Which account is the odd one out?

  • a)
    Office furniture & Equipment

  • b)
    Freehold land and Buildings

  • c)
    Inventory of materials

  • d)
    Plant and Machinery

Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which account is the odd one out?a)Office furniture & Equipmentb)F...
Assets are classified as Current Assets and Fixed Assets.
Fixed Assets:
Office Furniture & Equipment
Freehold Land & Building
Plant & Machinery
Current Assets:
Stock of Raw Material
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Most Upvoted Answer
Which account is the odd one out?a)Office furniture & Equipmentb)F...
B)Accounts payable
c)Inventory
d)Sales revenue

Ans: d) Sales revenue is the odd one out as it is a revenue account, whereas the other three options are balance sheet accounts.
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Community Answer
Which account is the odd one out?a)Office furniture & Equipmentb)F...
C
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Which account is the odd one out?a)Office furniture & Equipmentb)Freehold land and Buildingsc)Inventory of materialsd)Plant and MachineryCorrect answer is option 'C'. Can you explain this answer?
Question Description
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