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Is premises an asset or liability?

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Anonymous

∙ 13y ago
Updated: 9/20/2023

premises is an asset

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Wiki User

∙ 13y ago
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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 debtor an asset or liability?

It is an asset


Is Cash an asset or liability?

Asset.

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


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