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contigent liability
An AR on a Trial Balance sheet is considered as Accounts receivable.
Treasury stock is contra account for share capital account so as share capital has credit balance treasury stock has debit balance and shown as an asset under balance sheet.
Treasury Stock is shown in the Equity section of the Balance Sheet as a contra-account.
PROFIT, LOSS, AND INVENTORY ARE OFTEN CONSIDERED MAIN SECTIONS OF A BALANCE SHEET.
nominal accounts
no
yes it goes under Stockholders Equity and it is a deduction to the equity account.
liability
a credit
When a company purchases stocks, it is shown as an investment on the Asset side of the Balance Sheet. However, if a company buys back its own stock, it is shown in the Retained Earnings section of the Balance Sheet as Treasury Stock.
Loan is on balance sheet