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What are the asset and liability with help of examples?

Anonymous

∙ 12y ago

Updated: 9/18/2023

Assets are those items which business uses to earn revenue like propery, plant, equipment, inventory, cash etc.

Liaibities are those items which is payable by company to third parties or owner of business like owners capital , accounts payable, bonds payable etc.

Wiki User

∙ 12y ago

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Is a trade debtors asset or liability?

yes It is an Asset, not a Liability.

Is asset or liability?

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asset liability

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It is an asset

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Is a premises an asset or liability?

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What are the asset and liability with help of examples?

What else can I help you with?

Is a trade debtors asset or liability?

Is rent income a asset liability or owners equity?

Is debtor an asset or liability?

Is Cash an asset or liability?

Is a premises an asset or liability?

What is net liability?

Is a trade debtors asset or liability?

Is asset or liability?

Is rent income a asset liability or owners equity?

Is debtor an asset or liability?

Is Cash an asset or liability?

Is a premises an asset or liability?

Is premises a asset or liability?

Is equipment an asset or liability?

Is equipment liability or asset?

Is land an asset or liability?

Is debtor asset or liability?

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