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Tanya borrowed 10,000 rubles from a friend for six months, free of interest. Is ...

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Tanya borrowed 10,000 rubles from a friend for six months, free of interest. Is this money an asset or a liability for her?

A liability, since Tanya would have to return the funds to her friend

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Depends on what Tanya spends the money on.

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Asset, since Tanya will not pay her friend interest on the amount she owes.

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An asset, since Tanya can use the money to buy something.

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