The main reason is that they would be classified as intangible assets.
Intangible assets should only be included on the balance sheet when the costs are easily measurable. It would be very difficult to measure an employees value to a company. Also under ISA 38, internally generated goodwill is not allowable.
asset
intangible asset
Tax is an expense, you do not record it in a balance sheet but on the general journal.
Yes, it is a stock of the company so it is shown as asset in the balance sheet.
Cash is an asset of business and it is shown under current asset of business at asset side of balance sheet.
Cash is an asset of business and it is shown under current asset of business at asset side of balance sheet.
Fees receivable would appear on the balance sheet as an asset.
Yes. It is an asset and assets are on the balance sheet.
In balance sheet asset side
Machinery is an asset of business and long term asset so it is part of long term asset in balance sheet.
Yes closing stock is balance sheet item and shown under current asset in asset side.
If dividend payable then liability if dividend receivable then it is asset if dividend paid then it is not part of balance sheet.