mark is creating his own personal balance sheet to determine his net worth. in which category should he…

mark is creating his own personal balance sheet to determine his net worth. in which category should he place the market value of all the furniture in his house? a list of assets b list of liabilities c list of income d list of expenses

mark is creating his own personal balance sheet to determine his net worth. in which category should he place the market value of all the furniture in his house? a list of assets b list of liabilities c list of income d list of expenses

Answer

Brief Explanations:

Assets are resources with economic value owned by an individual. Furniture has value and is owned by Mark, so it's an asset.

Answer:

A. List of assets