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i thnk its nt.stock is not a liability.stock is our asset.when it over comes its goes to liability.
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∙ 12y ago
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Can an LLC be on the stock exchange?
An LLC (limited liability company) is not on the stock exchange, as it it doesn't issue stock.
Is mandatorily redeemable preferred stock is reported as a liability?
no
A liability created by buying goods or services on credit?
account payable
In a corporate balance sheet is common stock considered an asset liability or equity?
Equity.
What does the limited liability of the owners of stock in a corporation mean?
the stockholders of a corporation can lose only what they have invested in the corporation
How do you account for goods received and invoice received?
Goods Received: Debit Stock Credit Goods Received Invoice Received: Debit Goods Received Credit Trade Payables Result: Debit Stock (Asset) Credit Trade Payables (Liability)
Is Capital stock asset or liability?
Capital stock is part of liability
Is a we owe for goods an asset or liability?
liability
Is dividends payable in stock a liability?
No,
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?
What is the collective noun of goods?
The collective noun is a stock of goods.
Can an LLC be on the stock exchange?
An LLC (limited liability company) is not on the stock exchange, as it it doesn't issue stock.
Does stock dividend increase liability?
Does stock dividends increase the corporations total liabilities
What is Good Received note?
A Goods Received note is a document that is given when goods are taken into a company, store, or business. This is often a checklist to review before payment is made for the goods that have been received.
Is mandatorily redeemable preferred stock is reported as a liability?
no
Is stock of good a asset or liability?
I think it an asset
Is broken goods an expense or liability please explain it to me in detail thanks?
Libability is defined as the state of being responsible for something. An expense is the cost required for something. Whether or not broken goods are a liability or expense depends on the detail surrounding how the goods were broken. The goods would be an expense for the store who owned the goods unless they insisted the patron pay for the item. They would be a liability if the broken goods cause harm to someone.
