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 debtor an asset or liability?
It is an asset
Is Cash an asset or liability?
Asset.
Is a premises an asset or liability?
asset
Is premises a asset or liability?
asset
Is equipment an asset or liability?
Asset
Is equipment liability or asset?
Asset
Is land an asset or liability?
Asset
Trending Questions
What deductions from a paycheck are reasonable for a worker to expect?
What is Amount of accrued but unpaid expenses at the end of the fiscal period is both an expense?
Can you include personal property taxes on your chapter 7 bankruptcy?
How much does tax software for tax preparers cost?
What is the purpose of an operative report?
What are at least three questions business owners and managers might be able to answer by looking at accounting information?
Where could i cash a check over 30 days old?
How do you calculate earnings before interest and taxes?
Is treasury stock the same as capital stock?
Where do you get copies of past federal tax returns?
Do you owe capital gains on farm ground you sell to someone to build a house on?
What is the function of administrative account and limited account?
How do you do a consolidated balance sheet?
When you pay off bills should you close the account?
How long will it take my tax refund after i verify my identity at local IRS office?
Are free income tax estimators as good as paid estimators?
When a bank receives a check for payment it uses an OCR inscriber to print the amount of the check in OCR characters in the lower-right corner?
What is a high level audit?
What is full form of TOR steel?
How do you write letter for extension in joining date?
Copyright ©2025 Answers.com. 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.