answersLogoWhite

0

Yes, stock is an asset. Stocks are proof of a financial investment in a company, and therefore an asset in relation to accounting.

User Avatar

Wiki User

9y ago

What else can I help you with?

Related Questions

Is stock a financial asset?

If stock means investment in stock of other company then yes it is fianancial asset for business.


Is stock of good a asset or liability?

I think it an asset


Is opening stock an asset or liability?

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.


Is closing stock a balance sheet item?

Yes closing stock is balance sheet item and shown under current asset in asset side.


Is Capital stock asset or liability?

Capital stock is part of liability


Is received cash from issuing stock an asset?

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 a share of OGDC common stock an asset for its owner and a liability for OGDC?

why is share of OGDC common stock an asset for its owner and a liability for OGDC?


When a plant asset is acquired by issuance of common stock the cost of the plant asset is properly measured by the?

Type your answer here... par value of the stock


Common stock is assets or liabilities?

asset


Is common stock a long term or current asset?

No


When common stock is issued in exchange for an asset that is not cash the transaction should be recorded at?

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.


Is Inventory an asset on balance sheet?

Yes, it is a stock of the company so it is shown as asset in the balance sheet.