phone bill is liability for business as it is payable in future and not an asset as the benefit of it has already taken by business.
Dividend payable is the amount which is payable by the company to share holders so it is a liability of company and not an asset.
accounts payable is a liablity.
no
liability
phone bill is liability for business as it is payable in future and not an asset as the benefit of it has already taken by business.
Dividend payable is the amount which is payable by the company to share holders so it is a liability of company and not an asset.
no
accounts payable is a liablity.
A mortgage is an asset to the mortgagee (lender).
liability
Accounts Payable is a liability. Accounts receivable is an asset.
no, they are an example of a liabilty
No it is a current liability
Liabilities
bill receivable is what is owed to a company; bill payable is what is paid
If your divident is the result of your own investment, it is an asset. Divident payable is a liability.