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1 September, 02:45

Geoff rents an apartment with a monthly rent of $850. He owns the furniture in the apartment, which is worth $3,500, and he owns his car, which is worth $6,000. Geoff has a balance of $1,225 on his credit card and has $3,560 in a savings account.

Which is one of Geoff's liabilities?

a. the car

b. the furniture

c. the savings account

d. the credit card

+1
Answers (2)
  1. 1 September, 03:00
    0
    Geoff's liability is the credit card
  2. 1 September, 03:14
    0
    The credit card is one of the liabilities.
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Home » History » Geoff rents an apartment with a monthly rent of $850. He owns the furniture in the apartment, which is worth $3,500, and he owns his car, which is worth $6,000. Geoff has a balance of $1,225 on his credit card and has $3,560 in a savings account.
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