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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?
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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?

User Wenshan
by
7.4k points

2 Answers

0 votes
10$ owed for lunch
asset= something that makes you money
liability= something that costs money
User Giberno
by
7.9k points
1 vote
an asset is what you have that is worth value the $10 for school lunch wouldn't be an asset because it is a debt
User Vishal Kotcherlakota
by
8.0k points
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