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What else can I help you with?
Is car loan an asset?
A car loan is not considered an asset; rather, it is a liability. An asset is something of value that you own, while a car loan represents money you owe to a lender. However, the car itself can be classified as an asset, as it has value and can be sold or used as collateral. The loan and the car exist in a balance, with the loan being a debt against the asset.
What is the one asset should own?
Property
If you default on a personal loan can a lien be place against your vehicle?
If you own your car, its an asset, probably
Can a bank repossess a paid for car for other credit debt i own the car but i owe a lot of other debt?
The bank doesn't own the car. Unless you used it as an asset, or collateral for a loan from them, they should have no hold on that.
Is computer software real asset or financial asset?
Most computer software is not "purchased" by an end user, in the same way as you would a car or house. Rather, what you purchase is a non-exclusive "license" to use the software. Since it is not something you can own, it is not something you could really call an asset, any more than a rental agreement on an apartment make it one of your assets.
Can you have your own bin car on Bin Weevils?
No. You will never have a bin car to yourself. Only on the racing you can go in your own car but only during that time!
What should be the journal entry if a sole proprietor purchases a car from his own showroom?
Dr Fixed asset a/cCr Cash a/c
Can I get a car appraisal on my own vehicle or is it only important to get one for a new car?
You should always know exactly what your assets are worth and the only way to do this with your car is to get it appraised. This way you will know how much to insure it for.
Can a car be registered to one person and insured by another in Virginia?
No. You can only insure a vehicle that you own. The only situation where this is different is a married couple.
Can person on on social security own a car own car or buy one?
Yes
Do the Jonas brother own the car featured in their Jonas brothers la series?
No, they do not own that car. It was only for the show.
What do you do have to do to own your own car in Puerto Rico?
Visit a dealership or find some one selling their car and buy one!
