answersLogoWhite

0

Is share is a asset or liability?

Updated: 9/21/2023
User Avatar

Wiki User

9y ago

Best Answer

Share is a liability for business because due to issuance of shares company acquire more cash to run it's business and that amount is refundable by business to it's owners.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is share is a asset or liability?
Write your answer...
Submit
Still have questions?
magnify glass
imp