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Q: Is common stock a nonmonetary asset?
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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?


Common stock is assets or liabilities?

asset


Is common stock a long term or current asset?

No


When a plant asset is acquired by issuance of common stock the cost of the plant asset is properly measured by the?

Type your answer here... par value of the stock


Is common stock an asset or liability?

If a common stock of other entity is purchased with the intentions to resale in current fiscal period then it is current asset. Otherwise, if it is purchased with the intention to retain for more than one fiscal year then it is long term asset.


Is common stock a current asset?

If a common stock of other entity is purchased with the intentions to resale in current fiscal period then it is current asset. Otherwise, if it is purchased with the intention to retain for more than one fiscal year then it is long term asset.


Is an investment in a companies common stock considered a section 1231 asset?

no


Is common stock a debit or a credit?

Common Stock is a Credit. Closing Stock is a Debit.


In a corporate balance sheet is common stock considered an asset liability or equity?

Equity.


Is stock an asset?

Yes, stock is an asset. Stocks are proof of a financial investment in a company, and therefore an asset in relation to accounting.


Is stock a financial asset?

If stock means investment in stock of other company then yes it is fianancial asset for business.


Does Liquidity refers to the degree of readiness of conversion of an asset into common stock?

Yes it is True.... Xiv NORTE