Which of the following is not an asset?
A) Investments
B) Cash
C) Inventory
D) Owner's Equity

Name: Which of the following is not an asset? A) Investments B) Cash C) Inventory D) Owner's Equity
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Question

Quizplus · Accepted Answer

Owner's Equity is not an asset, it is a component of the company's liabilities and equity section on a balance sheet. Assets are resources that are owned by the company, such as investments, cash, and inventory.

Which of the Following Is Not an Asset