Yes, unless the money is used to reduce existing liabilities
A banker
The lender is the mortgagee. The person who borrows the money is the mortgagor.
Asset- An asset is something that the company owns. Examples of this are equipment, land, buildings, supplies, and cash. It can also include money owed to the company, and accounts receivable. Liabilities- A liability is something that the business owes to someone else. Some examples of this are loans and accounts payable.
The original amount of the loan is called principal.
deficit spending
Whether your money can be garnished depends on the type of business you have. If you have a corporation, your personal liabilities are separate from your business liabilities, which means your corporation's bank account will not be garnished.
Yes. The borrowed money is cash, an asset, and on the liabilities and equity side a liability is incurred. If the liability is due within the period it is a current liability.
It is the basic accounting equation which shows the relationship of business assets toward liability and equity and it tells that all assets must generate enough money to pay all liabilities and owner's capital to be successful business.
whenever more money is printed.. the dollar value becomes less.. simple as that.
How can I get grant money to upgrade and increase my small business?
The accounting equation used in business must always be kept in balance - the assets on one side of the equation must equal the claims against the assets on the other side:Assets = Liabilities + Owners' equityThese claims arise from credit extended to the business (liabilities) and capital invested by owners in the business (owners' equity). The claims of liabilities are significantly different than the claims of owners; liabilities have seniority and priority for payment over the claims of owners.Suppose a business has $10 million total assets. The money for the assets came from somewhere. The business's creditors (to whom it owes its liabilities) may have supplied, say, $4 million of its total assets. Therefore, the owners' equity sources provided the other $6 million.Business accounting is based on the two-sided nature of the accounting equation. Both assets and sources of assets are accounted for, which leads, quite naturally, to double entry accounting. Double entry, in essence, means two-sided. It's based on the general economic exchange model.In economic transactions, something is given and something is received in exchange. A common example involves a business that borrows money from its bank. The business gives the bank a legal instrument called a note, promising to return the money at a future date and to pay interest over the time the money is borrowed. In exchange for the note, the business receives the money.
assets or resources, money or money worth available to an organisation in doing business
Interest on the money
types of liabilities also used in accounting matter in business level accounting. when use this liabilities at money goes outside also get some types of loss but not actual loss of the company's accounting departmental also.
An "asset" is a resource controlled by the business from which an inflow of future economic benefits are expected. (These are sources from which you make money.) A liability is a present obligation from which an outflow of future economic benefits is expected. (You have to pay out for these.) Having more total liabilities than total assets is referred to as being "insolvent", while having more current liabilities than current assets is referred to as being "illiquid". Therefore, if you do not have the money-making capabilities to pay back money that you owe, you can not operate as a business. When your liabilities exceed your assets over a long period of time, this is an indicator that you are losing money in your business.
greedy.
A banker