help please will fan and medal

Elise gathered details about her finances to create a financial assets and liabilities record. Which represents one of her liabilities?

A.
her checking account balance of $2827

B.
her jewelry valued at $1375

C.
balance of $9460 on her auto loan

D.
rental property valued at $132,000

Question

help please will fan and medal





Elise gathered details about her finances to create a financial assets and liabilities record. Which represents one of her liabilities?
 
 A.
her checking account balance of $2827
 
 B.
her jewelry valued at $1375
 
 C.
balance of $9460 on her auto loan
 
 D.
rental property valued at $132,000

jojo12g · Answer

@Nnesha

kobeni-chan · Answer

Liability means it's your responsibility. With finances, it usually refers to something you're responsible for paying. If you check through the choices, only one of them is something she still needs to pay.