0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Is service revenue an asset or liability?
Services revenue is revenue same as product revenue and it is not an asset or liability of the business.
Is salaries payable a long term liability?
No, Its not a long term liability, since it will be paid in the same month the expenes is booked or the next month
When borrowing money do you increase your assets and liabilities at the same time?
Yes. The borrowed money is cash, an asset, and on the liabilities and equity side a liability is incurred. If the liability is due within the period it is a current liability.
Is common shares considered as a current liability?
Outstanding stock is an "owner's equity" account. It's on the same side of the accounting equation as liabilities, but it is not a liability.
What statement does the notes payable go on?
Notes payable is same like accounts payable a liability of business and it is shown under current liability section of balance sheet.
Does burden and impede mean the same thing?
You really should buy yourself a dictionary! 'Burden' means 'to load'; 'impede' means 'to oppose'. So, no, they do not mean the same thing!
Onus of proof and burden of proof the same?
Yes. Onus means a burden or load. It can also be a disagreeable responsibility or an obligation. Onus probandi is a latin term meaning burden of proof. This is also referred to as Onus.
What is a byotch?
Byotch is what is said when someone doesn't want to curse and say "bitch". It means the same as "bitch" but is spelled differently.
Is Professional Liability same as Employment Practices Liability?
Yes, it's a part of Professional Liability.
Is bear and bare homonyms?
Yes, "bear" and "bare" are homophones, which means they sound the same but have different meanings. "Bear" refers to the animal or to carry a burden, while "bare" means uncovered or naked.
Does Demi Lovato curse?
demi lovato can or cannot curse so she might just not curse in front of her fans same thing with Selena Gomez
What does bugger mean?
Buggar all is a curse. It means the same thing as d*mn it all or f*ck it all.
Does liability differ for a paid coach versus a volunteers in case of an accident?
No, the liability exposure is the same.
Is direct liability the same as respondeat superior liability?
Direct liability is holding the actor responsible for his or her own actions. Respondeat superior liability is holding an employer responsible for an employee's actions.
Is criminal liability and criminal matter the same?
No.
Decrease an asset account and decrease a liability account?
if you have a asset and you sale it and then money which you get pay as a liability so decreas in asset and decreas in liability occurs.
Is service revenue an asset or liability?
Services revenue is revenue same as product revenue and it is not an asset or liability of the business.
