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I think it an asset
Mertie Ferry
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Is Capital stock asset or liability?
Capital stock is part of liability
Why is a share of OGDC common stock an asset for its owner and a liability for OGDC?
why is share of OGDC common stock an asset for its owner and a liability for OGDC?
Is opening stock an asset or liability?
Opening stock is the asset and shown under balance sheet as current asset, because this opening stock of material will be utilized to prepare units of products for sales in future.
What is net liability?
Asset - Liability = Net Asset / Liability * Net Asset - When Asset is more than Liability * Net Liability - When Liability is more than Asset
Is received cash from issuing stock an asset?
Yes, cash received is an asset while stock issued is liability. Cash is asset because this cash now be use for the business benefit.
In a corporate balance sheet is common stock considered an asset liability or equity?
Equity.
Is an unpaid invoice for stock purchased an asset?
Until it's paid it's a liability.
Is premium on capital stock an asset or liability?
Premium on capital stock is neither an asset nor a liability. It is a component of shareholders' equity and represents the amount that exceeds the par value of the stock. It is typically recorded as a separate line item in the equity section of the balance sheet.
In a corporate balance sheet is loan stock considered an asset liability or equity?
Loan stock is considered a liability in a corporate balance sheet. This is because it represents borrowed funds that need to be repaid by the company to the lenders. It does not represent ownership or equity in the company.
Is a trade debtors asset or liability?
yes It is an Asset, not a Liability.
Is asset or liability?
asset
How does a stock repurchase affect the accounting equation 1 Decrease asset increase equity 2 Increase asset decrease liability 3 Decrease equity increase liability 4 Decrease asset decrease equity?
Decrease asset; since repurchase is with cash, whis is an asset Decrease equity; if repurchased stock is not to be reissued, it is declared void and the number of outstanding assets is decreased. Hence, equity is decreased.
