Ask Question
4 May, 01:31

Which of the following increases liabilities but not assets?

a. Taking out a loan to buy a new car

b. Taking out a loan to go on vacation

c. Using a credit card to buy a computer

d. Paying off a student loan

+4
Answers (1)
  1. 4 May, 01:40
    0
    Well assets provide economical benefit in the future, and a, b, c increase liabilities
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following increases liabilities but not assets? a. Taking out a loan to buy a new car b. Taking out a loan to go on vacation ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers