answersLogoWhite

0

Subjects>Business>Accounting

Is a premises an asset or liability?

User Avatar

Anonymous

∙ 15y ago
Updated: 9/18/2023

asset

User Avatar

Wiki User

∙ 15y ago
Copy

What else can I help you with?

Continue Learning about Accounting

Is premises an asset or liability?

premises is an asset


Is a trade debtors asset or liability?

yes It is an Asset, not a Liability.


Is rent income a asset liability or owners equity?

asset liability


Is debtor an asset or liability?

It is an asset


Is Cash an asset or liability?

Asset.

Related Questions

Is premises an asset or liability?

premises is an asset


Is premises a asset or liability?

asset


What is net liability?

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


Is the premises note an asset or a liability?

Premises as in Property (Commercial/Industrial) are classified as Non- Current Assets


Is a trade debtors asset or liability?

yes It is an Asset, not a Liability.


Is asset or liability?

asset


Is rent income a asset liability or owners equity?

asset liability


Is debtor an asset or liability?

It is an asset


Is Cash an asset or liability?

Asset.


Is equipment an asset or liability?

Asset


Is equipment liability or asset?

Asset


Is land an asset or liability?

Asset

Trending Questions
Is Indian chartered accountancy course the world toughest professional exam? What services does Booz Allen Hamilton offer? What is the source document for the debtors journal? How is edd measured? How much tax do you pay on goods imported from the US? What happens if the contractor is overpaid? Is manufacturing overhead same as manufacturing cost? What method of amortization is normally used for intangible assets? Is delivery expense debit or credit? Does the debit side of Allowance for Bad Debts go down and its credit side goes up? How do the amortization of goodwill effect earning per share? CAN you charge sales tax on labor in NY? How do you write out a check for 535.00? Does purchasing supplies on account increases liabilities? What is an equity share? Who pays in New York my deceased sons credit card bill? What is the market cap for ABB Ltd ABB? Consumers use cost-benefit analysis in order to maximize what? Who are the special tax payer? The communication stage of accounting is accomplished by?

Resources

Leaderboard All Tags Unanswered

Top Categories

Algebra Chemistry Biology World History English Language Arts Psychology Computer Science Economics

Product

Community Guidelines Honor Code Flashcard Maker Study Guides Math Solver FAQ

Company

About Us Contact Us Terms of Service Privacy Policy Disclaimer Cookie Policy IP Issues
Answers Logo
Copyright ©2026 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.