Yes, stock is an asset. Stocks are proof of a financial investment in a company, and therefore an asset in relation to accounting.
If stock means investment in stock of other company then yes it is fianancial asset for business.
Opening stock is the asset and shown under balance sheet as current asset, because this opening stock of material will be utilized to prepare units of products for sales in future.
Capital stock is part of liability
why is share of OGDC common stock an asset for its owner and a liability for OGDC?
Type your answer here... par value of the stock
If stock means investment in stock of other company then yes it is fianancial asset for business.
I think it an asset
Opening stock is the asset and shown under balance sheet as current asset, because this opening stock of material will be utilized to prepare units of products for sales in future.
Yes closing stock is balance sheet item and shown under current asset in asset side.
Capital stock is part of liability
Yes, cash received is an asset while stock issued is liability. Cash is asset because this cash now be use for the business benefit.
why is share of OGDC common stock an asset for its owner and a liability for OGDC?
Type your answer here... par value of the stock
asset
No
When common stock is issued in exchange for an asset that is not cash, the transaction should be recorded at the fair market value of the asset received or the fair value of the stock issued, whichever is more clearly evident. If the fair value of both the stock and the asset can be determined, the transaction is typically recorded using the fair value of the asset. This ensures that the financial statements reflect an accurate representation of the value exchanged in the transaction.
Yes, it is a stock of the company so it is shown as asset in the balance sheet.