All of the following are classified as assets except:

A) Accounts Payable.
B) Accounts Receivable.
C) Cash.
D) Supplies.
E) Prepaid Insurance.

Accounts Payable

A company's financial liability to its suppliers or creditors for received goods and services.

Accounts Receivable

Accounts Receivable are amounts owed to a business by its customers from sales or services provided on credit.

Prepaid Insurance

Payments made in advance for insurance coverage, classified as a current asset on the balance sheet until the coverage period expires.