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 equipment an asset or liability?

Asset


Is land an asset or liability?

Asset


Is debtor an asset or liability?

It is an asset


Is Cash an asset or liability?

Asset.


Is debtor asset or liability?

asset

Trending Questions
You are receiving a percentage of your grandmothers investments If you take money out of these investments do you have to pay taxes? What is one reason why medical records would be audited? What is the most you overdrafted on your account? What is FICA's income limit? When do i get the tax money from the housing tax credit if i amend my taxes? What is Non development Expenditure in Budget? What are the possible causes fo retained earnings? What is capital subscription? Why do stockholders and potential investors use accounting information? Is it good or bad for a retail store to have a large inventory and why? Is interest paid IRS on delinquent taxes deductible? Can you file against the internal revenue service? Characteristics for joint stock companies? How do you enter cash expenses in Quickbooks? Who is sycotax? Is there a certain consulting firm which specializes in advising physicians on business tax and accounting matters? What is Product-level activity? Can I file income tax if I'm on welfare? What services are available from Intuit Tax Online? Which account will a merchandising business close out at the end of the year?

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.