it is an asset
most likely a liability- anything you're risking losing is a liability. an assett is something you gain from.
Depreciation expense is neither an asset or liability. It is an expense.
Liability
An asset makes a profit, either on a periodic basis, or when you sell the asset. A liability is an expence on a periodic basis, or a loss is made when disposed off.ORAn asset is something which we own and liability is something which we owe.
Asset.
most likely a liability- anything you're risking losing is a liability. an assett is something you gain from.
Asset - Liability = Net Asset / Liability * Net Asset - When Asset is more than Liability * Net Liability - When Liability is more than Asset
Loans here means the loans given to other companies/subsidiaries. The company will receive an interest on these loans and hence is an asset. Advances means any payments to staff as an advance.
yes It is an Asset, not a Liability.
asset
asset liability
Asset
asset
Asset
Asset.
asset
asset