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If a common stock of other entity is purchased with the intentions to resale in current fiscal period then it is current asset. Otherwise, if it is purchased with the intention to retain for more than one fiscal year then it is long term asset.
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Why is a share of OGDC common stock an asset for its owner and a liability for OGDC?
why is share of OGDC common stock an asset for its owner and a liability for OGDC?
Is Capital stock asset or liability?
Capital stock is part of liability
Is opening stock an asset or liability?
Opening stock is the asset and shown under balance sheet as current asset, because this opening stock of material will be utilized to prepare units of products for sales in future.
Is common stock debit?
Common stock in company’s balance sheet is credit as it is the liability of the business to pay it back to it’s owners while it is debit in the investors balance sheet as it is asset of that company.
Common stock is assets or liabilities?
asset
Why is a share of OGDC common stock an asset for its owner and a liability for OGDC?
why is share of OGDC common stock an asset for its owner and a liability for OGDC?
Is Capital stock asset or liability?
Capital stock is part of liability
In a corporate balance sheet is common stock considered an asset liability or equity?
Equity.
Is stock of good a asset or liability?
I think it an asset
Is opening stock an asset or liability?
Opening stock is the asset and shown under balance sheet as current asset, because this opening stock of material will be utilized to prepare units of products for sales in future.
Is received cash from issuing stock an asset?
Yes, cash received is an asset while stock issued is liability. Cash is asset because this cash now be use for the business benefit.
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 common stock debit?
Common stock in company’s balance sheet is credit as it is the liability of the business to pay it back to it’s owners while it is debit in the investors balance sheet as it is asset of that company.
Is an unpaid invoice for stock purchased an asset?
Until it's paid it's a liability.
Is premium on capital stock an asset or liability?
Premium on capital stock is neither an asset nor a liability. It is a component of shareholders' equity and represents the amount that exceeds the par value of the stock. It is typically recorded as a separate line item in the equity section of the balance sheet.
Common stock is assets or liabilities?
asset
In a corporate balance sheet is loan stock considered an asset liability or equity?
Loan stock is considered a liability in a corporate balance sheet. This is because it represents borrowed funds that need to be repaid by the company to the lenders. It does not represent ownership or equity in the company.
