0
What else can I help you with?
Is cash on hand an asset?
Cash on hand is an asset. It will be included as a current asset and is often called "petty cash"
Is accounts recievable an asset account?
Accounts receivable is that amount which is creates due to sales to customers on credit and used instead of cash from customer that's why it is current asset.
Is sales revenue a liability or asset?
Neither. Sales revenue is a P&L account, not a balance sheet account. When booking an entry to sales you would credit sales and either debit cash or accounts receivable.
Is cash float an asset or income?
asset
Is Cash an asset or liability?
Asset.
Is cash on hand an asset?
Cash on hand is an asset. It will be included as a current asset and is often called "petty cash"
Is accounts recievable an asset account?
Accounts receivable is that amount which is creates due to sales to customers on credit and used instead of cash from customer that's why it is current asset.
Is cash a probatable asset?
Yes. Cash is a probate asset.
Is accounts receivable classified as a liabilities and equity on a balance sheet?
Account receivable is that part of sales which are done on credit so if company received cash at the time of sales that would be asset as well so it is the amount which is receivable in future so it is current asset of company.
Is sales revenue a liability or asset?
Neither. Sales revenue is a P&L account, not a balance sheet account. When booking an entry to sales you would credit sales and either debit cash or accounts receivable.
Is cash float an asset or income?
asset
Is Cash an asset or liability?
Asset.
Is cash revenue or asset?
Cash is an asset, shown on a company's balance sheet.
Is cash an asset or revenue?
Cash is an asset, shown on a company's balance sheet.
Is cash an intangible asset?
Cash is a tangible asset. Unlike something without tangible substance such as goodwill, cash is a hard or a tangible asset.
Is petty cash a asset or liability?
Petty cash is current asset and shown under cash in hand section of balance sheet in asset side.
Is received cash from issuing stock an asset?
Yes, cash received is an asset while stock issued is liability. Cash is asset because this cash now be use for the business benefit.
