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
Contraction for Trudy is?
What is Absa branch code for Somerset West?
Is salary paid asset or liability?
What are the disadvantages of using grid analysis to help make decisions?
How much is taken out of your paycheck in taxes in Arkansas?
Should aspects of expense and time be considered in creativity projects?
What are the duties of a staff accountant?
What is the weapon system cost of this system?
Is annual income what you make before or after taxes?
Do photographers need to charge sales tax for services in Wisconsin?
Do shareholders pay tax on dividends?
Where does cash discount go in balance sheet?
How much is 369.99 plus 8.25 tax?
If a company converts a short-term note payable into a long-term note payable what would this transaction do?
When you fill and print a voucher for Amazon do you have to put the pound sign when writing the amount?
What is the validity period of a check?
Does the company know if your check has been cashed?
What percentage is taken out of your paycheck for income taxes married with one dependent?
Why a receipt of 300 cash on account was recorded as a 500 debit to accounts payable and a 500 credit to cash?
How much time needs to pass to be considered deluquent?
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.