0
Drawings are classified as an liability to the business
What else can I help you with?
Continue Learning about Accounting
Is drawing an asset or a liability?
Drawings are classified as an liability to the business
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 drawing an asset or a liability?
Drawings are classified as an liability to the business
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 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 a premises an asset or liability?
asset
Is Cash an asset or liability?
Asset.
Is debtor asset or liability?
asset
Is equipment liability or asset?
Asset
Trending Questions
If the fair market value of the gifted property on the date it was received is lass than the donors adjusted basis then the basis used to the calculate loss is the?
How much to charge for installing soffit?
Miscellaneous expenses in the balance sheet?
To automatically post recurring monthly entries what type of general ledger entry should be created?
How much taxes will I have to pay in on 7800 if you didnt pay any taxes in during the year?
Why did I receive an eeoi treas 310 ach payment?
What is difference between authorized stock and issued stock?
What are charted or ambiguous career paths?
Which item is deducted from inventory as it is sold or dispensed?
Property tax on your house?
Can you can modify an accounting code view what needs to be in place?
How can the price of a company's share be less than the face value of the share?
What day of the week does Massachuetts deposit tax refunds?
What are the three types of taxes?
If you owe the IRS money--can you open an llc with someone else and can the IRS touch it?
Is indirect labor a prime cost?
Is raw materials inventory a variable cost?
What is the state ID number for Indiana Unemployment so I can file my tax return?
What statement about the purpose of the general ledger is true?
Does making a account on ninja kiwi cost money?
Copyright ©2025 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.