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Is a cheque an asset or liability?

Anonymous

∙ 10y ago

Updated: 9/24/2023

It comes under liability

Sedrick Sawayn ∙

Lvl 10

∙ 3y ago

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Is a trade debtors asset or liability?

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Is a cheque account an asset or liability?

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Asset - Liability = Net Asset / Liability * Net Asset - When Asset is more than Liability * Net Liability - When Liability is more than Asset

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