Question: 3 An asset is: A ) a resource available to the business to earn income. B ) an obligation, where the business owes money to
An asset is:
A a resource available to the business to earn income.
B an obligation, where the business owes money to someone else.
C a cost paid by the business and would be recorded as an expense.
D something in which income tax is paid.
E revenue earned by the business.
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