Tag: is car an asset

  • Is A Car An Asset: Why Is A Car Not An Asset?

    Is A Car An Asset: Why Is A Car Not An Asset?

    It’s quite simple to determine one’s assets and liabilities until it comes to purchasing a car. Many people ask the question, should a car really be considered an asset? Or is it, in fact, a liability? This article will discover the truth about differentiating between assets and liabilities and the method in which it relates…