rita does chores for her neighbors and makes $45 each weekend. she owes her sister $80. rita has $178 in…

rita does chores for her neighbors and makes $45 each weekend. she owes her sister $80. rita has $178 in coins and a collection of baseball cards worth $475.\nwhich is a liability?\n○ the money she earns\n○ the money she owes her sister\n○ the coins\n○ the collection of baseball cards

rita does chores for her neighbors and makes $45 each weekend. she owes her sister $80. rita has $178 in coins and a collection of baseball cards worth $475.\nwhich is a liability?\n○ the money she earns\n○ the money she owes her sister\n○ the coins\n○ the collection of baseball cards

Answer

Brief Explanations:

A liability is a financial obligation or debt owed to another party. Among the options, only the money owed to her sister fits this definition, as it is an amount Rita is obligated to pay. The other options are assets (coins, baseball cards) or income (money earned).

Answer:

the money she owes her sister