Yes, cash received is an asset while stock issued is liability. Cash is asset because this cash now be use for the business benefit.
financing activity
In addition to issuing bonds, corporations may borrow directly from any loan source, such as banks. On occasion, corporations raise needed cash by authorizing and selling additional stock.
Main purpose for issuing more stock is to get more cash to run the business and to invest in good opportunities or to fulfil the working capital requirements.
The answer is in your question actually. If you received cash on account the asset of CASH will increase, while the asset of Account Receivable will decrease.Since you received cash it is assumed that they paid you cash on a balance that they owed you, so the journal entry would be a debit to cash (increase) and a credit to accounts receivable (decrease)
Debit Capital stock xx Credit Cash xx Generally you would offset costs of issuing common or preferred stock against the similar equity account.
The cash derived from the sales would be the asset. While the term "cash sales" (as opposed to credit sales) may appear on an income statement or a cash flow statement in the plus column, the cash received would appear as an asset on the balance sheet or financial statement.
a noncash transaction which is not reported in the body of statement of cash flows
Equipment is not actually bought using common stock rather it is purchased from cash by issuing common stock so journal entry is : [Debit] Equipment [Credit] Cash / bank
General reserves need to be converted into cash first by issuing new shares to share holders and after that cash can be used to purchase assets.
Treasury stock is stock that the issuing company buys back from the shareholders. Since the company is buying back its own shares, it decreases cash and stockholder equity, but increases a new balance called "Treasury Stock".
fixed asset - property, land, machinery, vehicles, etc Current asset- stock, recievables, petty cash.
It is actually both. Cash received from a bank loan is debited to the asset Cash, at the same time repayment of that loan is listed in Liabilities as usually a Note Payable.This means that your Assets increase by the amount of the loan as well as your liabilities, while Owners Equity (stock holder equity) remains unchanged.