Which of the following would not appear in the asset section of an insurance company's balance sheet?
A)loss reserves
B)bonds
C)common stock
D)real estate

Question

Quizplus · Accepted Answer

Loss reserves are a liability, not an asset, because they represent an estimate of claims the insurance company expects to pay in the future. Assets, on the other hand, are resources owned by the company, such as bonds, common stock, and real estate, which provide economic value.

Which of the Following Would Not Appear in the Asset