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Which of the following items would not be classified as an asset? A. CD Investment B.Electric guitar C. Savings account D. Credit card debt

Which of the following items would not be classified as an asset? A. CD Investment B.Electric guitar C. Savings account D. Credit card debt
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3 votes
Which of the following items would not be classified as an asset?

A. CD Investment
B.Electric guitar
C. Savings account
D. Credit card debt

User Smartelf
by
8.0k points

2 Answers

4 votes

Answer: D because debt is classed as a liability

Explanation:

User Jeff Clemens
by
8.3k points
6 votes
D because debt is classed as a liability
User Sylvan
by
8.4k points
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