The economic resources of a business such as furniture,building,and land are its ________.
A)liabilities
B)revenues
C)assets
D)dividends

Question

Quizplus · Accepted Answer

Assets are economic resources owned by a business that have value and that are expected to provide future benefits. Furniture, building and land are examples of tangible assets that can be used by a business to generate revenue. Liabilities are debts owed by a business, revenues are the amounts earned from sales of goods or services, and dividends are payments made to shareholders.

The Economic Resources of a Business Such as Furniture,building,and Land