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23 February, 04:40

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

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Answers (1)
  1. 23 February, 06:49
    0
    Well assets provide economical benefit in the future, and a, b, c increase liabilities
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