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What else can I help you with?
Accrued income is asset or liability?
no
Are Accrued wages a current liability?
Accrued liabilities are a current liability if they are due within one year.
Is wages expense a asset liability or owners equity?
neither
Is accrued interest a asset or liablity?
Accrued interest is typically considered a liability for the borrower, as it represents the interest expense that has been incurred but not yet paid. For the lender, however, accrued interest is an asset, as it reflects the interest income that is expected to be received in the future. Thus, the classification of accrued interest depends on the perspective of the party involved in the transaction.
Is accrued revenue an asset?
no, its a revenue
Accrued income is asset or liability?
no
Are Accrued wages a current liability?
Accrued liabilities are a current liability if they are due within one year.
In accounting are wages considered liability or equity?
It is an asset.
Is electricity a liability or asset?
Electricity expense is an expense account while accrued electricity payable is a liability account
Is wages expense a asset liability or owners equity?
neither
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 accrued revenue an asset?
no, its a revenue
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
A liability that has been incurred but has not been recorded in the accounts is known as?
An accrued liability
A liability that has been incurred but has not been recorded in the accounts is known as...?
An accrued liability
