Question

Keiquan is calculating his net worth. He has listed these items: $50 rare baseball card, $15 cash, $10 owed for lunch, $25 in savings

account.
Which is not an asset?

Answer 1

$10 owed for lunch.

Explanation:

"asset" means to benefit, so the question is asking which one of these is not benefiting his net worth. he has $15 and $25 in savings, these both benefit him. he also has a $50 rare baseball card this also benefits him. the only one that takes away money is the money he owes for lunch.