Economy, asked by scientistt, 1 year ago

home is asset or liability

Answers

Answered by areena2
0
asset....... ..
thanks

Anonymous: u r in which class
scientistt: class 9
Anonymous: i will tell u tomorrow
areena2: nope
areena2: in class 10
scientistt: tommorow is my pre board paper
Anonymous: so report my answer moderator will see it
scientistt: ok and thanks
Anonymous: hmm
Anonymous: wlcm
Answered by sunakat483
0

Answer:

Given the financial definitions of asset and liability, a home still falls into the asset category. Therefore, it's always important to think of your home and your mortgage as two separate entities (an asset and a liability, respectively). Finally, your house is your home.

Similar questions