imasu & arimasu: how to say "I have something"
I forgot what's wrong, and how to say it right:
"Here is a pen"
"Here is the cat"
"The cat lives here"
and:
"I have a pen"
"I have a cat"
Do I make mistake by saying "watashi wa pen o arimasu" instead of "watashi wa pen o motte imasu*?
Thank you in advance!