A(n) _____ is a collection of cash and other items that are used in the operation of the business.
A)Revenue
B)Equity
C)Asset
D)Liability

Name: A(n) _____ is a collection of cash and other items that are used in the operation of the business. A)Revenue B)Equity C)Asset D)Liability
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Question

Quizplus · Accepted Answer

A collection of cash and other items used in the operation of a business is defined as an asset. Assets are resources owned by a business that have economic value and can be used to meet debts, commitments, or legacies.

A(n) _____ Is a Collection of Cash and Other Items