Which of these is an asset?Interest earned on investmentsInvestmentsGeneral reserveEmployee benefits payable
Question
Solution 1
The item that is an asset is: "Investments."
Here's why:
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"Interest earned on investments" - This is not an asset, but a form of income or revenue. It represents the return on the investments, not the investments themselves.
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"Investments" - This is an asset. Investments represent resources c Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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