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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
asked 117k views
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

asked
User Smartelf
by
8.0k points

2 Answers

4 votes

Answer: D because debt is classed as a liability

Explanation:

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