answersLogoWhite

0

Subjects>Business>Accounting

Is premises an asset or liability?

User Avatar

Anonymous

∙ 13y ago
Updated: 9/20/2023

premises is an asset

User Avatar

Wiki User

∙ 13y ago
Copy

What else can I help you with?

Continue Learning about Accounting

Is a premises an asset or liability?

asset


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 equipment an asset or liability?

Asset


Is land an asset or liability?

Asset

Related Questions

Is a premises an asset or liability?

asset


Is premises a asset or liability?

asset


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 the premises note an asset or a liability?

Premises as in Property (Commercial/Industrial) are classified as Non- Current Assets


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 equipment an asset or liability?

Asset


Is equipment liability or asset?

Asset


Is land an asset or liability?

Asset

Trending Questions
Does anything happen if something is spelled wrong in a cheque? How many times and how often can a collection agency post an account to your credit report as a charge off? What are the examples for acrrued revenue? Mortgage payable is a current liability? What is the annual gross income of a hairdresser? Do you have to pay tax on money given to you? How can online checking be performed easy? What does IRS reference number 101 mean? Can you claim a child as a dependent even if that child files her own taxes? What does OAS mean on a payroll check stub? How do you take taxes out of tip money? When do w2 tax forms go out? How do you write a 695 dollar check? Can you file as a tax deduction the deposit lost on a cancelled contract with a homebuilder? Employers incur operating costs of the following payroll taxes? What is the current state of the US budget? How do you print on trainers? What is accounts payable on a financial statement? What can one do with an accounts payable clerk? Routing number for Bank of America in southern California?

Resources

Leaderboard All Tags Unanswered

Top Categories

Algebra Chemistry Biology World History English Language Arts Psychology Computer Science Economics

Product

Community Guidelines Honor Code Flashcard Maker Study Guides Math Solver FAQ

Company

About Us Contact Us Terms of Service Privacy Policy Disclaimer Cookie Policy IP Issues
Answers Logo
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.