Select the spending item(s) that are assets.You can select more than one answer.A.CarB.RentC.Insurance billD.Dinner outE.DeskF.Petrol

Question

Select the spending item(s) that are assets.You can select more than one answer.A.CarB.RentC.Insurance billD.Dinner outE.DeskF.Petrol
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Solution 1

The spending items that are assets are:

A. Car E. Desk

Here's why:

  1. A car (A) is considered an asset because it has value and can be sold for cash.

  2. A desk (E) is also an asset because it is a piece of furniture that holds value.

  3. Rent (B) is not an asset because it is a recurring expense Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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