ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Electric bill
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Car loan
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Savings account
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Donation
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Detailed explanation-1: -Cash and cash equivalents, certificates of deposit, checking, and savings accounts, money market accounts, physical cash, Treasury bills. Property or land and any structure that is permanently attached to it.
Detailed explanation-2: -In general, your liquid assets (like cash or money in savings or checking accounts) are counted as assets. In some states, if the value of your car exceeds a certain amount, anything over that amount may be counted as an asset as well.
Detailed explanation-3: -Some examples of asset accounts include Cash, Accounts Receivable, Inventory, Prepaid Expenses, Investments, Buildings, Equipment, Vehicles, Goodwill, and many more.
Detailed explanation-4: -Here are some examples of asset accounts: Cash. Short-term Investments. Accounts Receivable.
Detailed explanation-5: -Your home. Other property, such as a rental house or commercial property. Checking/savings account. Classic cars. Financial accounts. Gold/jewelry/coins. Collectibles/art. Life insurance policies.