No, it belongs to non-current liability
If it has been prepaid by a customer and you show the cash related to this prepayment on your books, it is straight liability. You can think of this as something that you have but does not belong to you until you earn it. It is not deferred liability.
Interest payable is liability to be cleared in future that's why shown in liability side of balance sheet.
A trust account is typically considered an asset. It holds funds or property that are managed for the benefit of a beneficiary, and the assets within the account belong to the beneficiary, not the trustee. However, from the trustee's perspective, it may also represent a liability, as they have a fiduciary duty to manage and disburse the assets according to the terms of the trust.
no
my money
Accounts Payable belongs in the Balance Sheet as a Current Liability.
If it has been prepaid by a customer and you show the cash related to this prepayment on your books, it is straight liability. You can think of this as something that you have but does not belong to you until you earn it. It is not deferred liability.
Interest payable is liability to be cleared in future that's why shown in liability side of balance sheet.
The current Illinois governor is a Republican.
The current Illinois governor is a Republican.
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Progressive Conservative Party of Canada.
Many of the current residents of Rome belong to the Catholic Church.
Shirley Franklin is Democratic
Priceline and Hotwire offer vacation packages for all areas of the world. If you belong to AAA (or if you are in Canada CAA) you can get free information on travel deals and book your travel plans to see the world.
The current kings of Spain, Juan Carlos I and Sofía belongs to the Borbón dynasty, with french origins.
The current British royal house is the House of Windsor.