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 equipment an asset or liability?

Asset


Is land 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
What are the hourly operating costs for a AS350B3? What is the journal entry for interest received on a state tax refund? A firm has sales of 1.2 million and 10 percent of the sales are for cash The year-end accounts receivable balance is 180000 What is the average collection period using 360 day year? How do you get the total cost? What is a IF statement allows you to? How do you find out if you owed back taxes? What is the difference between accounts payable and accounts receivable for medical billing? How do you get a copy of your income tax return? The following data is received from your contractor Budgeted Cost of Work Performed (BCWP) 400 Cost Performance Index (CPI) 1.0 Budgeted Cost of Work Scheduled (BCWS) 500 Schedule Performance Index (S? Is the amount of promissory note is called maturity value? What is adjusted ebitda? Where is the authorization code on a credit card? What does the acronym bckgrinvst stand for in an equifax credit report? What are the major assets of the organization? Why is collecting balances from patients at the time of service an important part of revenue cycle management? What is best Computer Tax preparation kit? Why does a prospective partner need accounting information? Why are journal entries sometimes needed after the bank reconciliation statement is prepared? How do you use a scanning device for bank checks? When was the pegboard bookkeeping system invented?

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.