QAEconomics › Which of the following is not an asset?
Q

Which of the following is not an asset?

A. Cash

B. Owner's equity

C. Investments

D. Inventory

A

Answer: B.

An asset is any commodity or item that has the potential of yielding returns for business owners in the future.

An owner’s equity is not a business asset but the owner’s asset.

3 years ago
143 Views