![Assets vs Liabilities [640x338]](https://pic8.co/sh/2rUVhw.jpg){kind=link}
Those are liabilities.
Those are liabilities.
If it holds value parked in your barn or generates revenue, it's an asset. If its value plunges when you drive it off the lot and only helps you drive to the coffee shop, it's a liability.
If it holds value parked in your barn or generates revenue, it's an asset. If its value plunges when you drive it off the lot and only helps you drive to the coffee shop, it's a liability.
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