0
What else can I help you with?
Continue Learning about Accounting
Related Questions
How do you define asset and liability?
An asset makes a profit, either on a periodic basis, or when you sell the asset. A liability is an expence on a periodic basis, or a loss is made when disposed off.ORAn asset is something which we own and liability is something which we owe.
Is Proceed of sale An asset or liability?
no, it can be capital gain or loss
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
Where is Profit and Loss post in balance sheet?
In case of profit Liability side. In case of loss Asset side.
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
Trending Questions
Why are taxes beneficial?
What does ckcd debit mean on a bank statement?
What will you be taxed?
Is stock a financial asset?
Characteristic of capital budgeting?
When filing head of household with 3 dependents will I still get a refund if I only made 5000 dollars?
How many months do you pay council tax for?
What do you do with a 1099 tax form?
What happens if you lose your PIN?
Is an expiration date on sears gift cards?
Is is true that preparing bank reconciliation amount of outstanding checks is deducted from the balance?
Have no money how do I file my taxes?
How much taxes do I get back making 30000 and dependent's?
Is it true that you will get a fast tax refund if you file early?
Why traditional cost systems distort product cost?
Shares issued for cash increase assets?
How is a typical corporate it department organised?
All of the following are reasons why it is difficult to implement balanced fiscal policy except _____.?
Where to Find Tax Forms?
What are the typical responsibilities of an accounting manager?
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.