Outstanding assets are assets that are owed to an individual or business. Outstanding liabilities are debts that ill be incurred in the future.
all assets go on the balance sheet.
No. Unless you agreed in writing to be responsible for your mother's debts, her estate will be responsible. If there is no estate the creditors are out of luck.
Fixed assets current assets
Premises are business assets so same like all other assets premises balance is debit balance as normal balance.
Intangible assets are shown in asset side of balance sheet as these are also assets of business like other all tangible assets.
Look in the Company's Balance Sheet. Total Assets -Total Liabilities ______________________ = Book Value per share Outstanding Shares
Intangible assets are amortized on balance sheet same as tangible assets are depreciated.
Below Fixed Assets
Current assets are debit as all assets has default balance debit so current assets as well and these are shown under current assets section of balance sheet.
Yes patents are intangible assets and listed as an assets in balance sheet.