Question

Which correctly shows a list of assest and liabilities? Оа Assets: home value, saving account, car value, retirement savings Liabilities: credit card debt, mortage, car loan Assets: mortgage, car loan, credit card debit Liabilities: car value, home value, retirement savings Сь Ос Od Assets: home value, car value, savings account, retirement savings, credit card debt Liabilities: mortgage, car loan Assets: savings account, retirement savings, mortgage, car loan Liabilities: home value, car value, credit card debit​

Answer 1

The correct list of assets and liabilities includes assets like home value, savings account, and retirement savings, and liabilities such as credit card debt, mortgages, and car loans.

Step-by-step explanation:

The correct answer that shows a list of assets and liabilities is:

• Assets: home value, saving account, car value, retirement savings
• Liabilities: credit card debt, mortgage, car loan

Assets are items of value that you own, such as a home or savings account, which can be used to produce something or can provide future benefits. Liabilities, on the other hand, represent debts or obligations that you owe, such as a mortgage or car loan. The net worth is calculated by subtracting the total liabilities from the total assets.