Question

Fernando has gathered details about his finances to create a financial assets and liabilities record. Which represents one of his liabilities?
A.
His credit card balance is $521.

B.
His household items are worth about $5200.

C.
His college savings account has a balance of $13,700.

D.
His motorcycle is valued at $16,529.

Answer 1

C.
His college savings account has a balance of $13,700.