Question

Keiquan is calculating his net worth. He has listed these items: $50 rare baseball card, $15 cash, $10 owed for lunch, $25 in savings account. Which is not an asset?

Answer 1

10$ owed for lunch
asset= something that makes you money
liability= something that costs money

Answer 2

An asset is what you have that is worth value the $10 for school lunch wouldn't be an asset because it is a debt