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What type of account is paid-in capital in excess of par?
additional paid in capital
What type of account is capital stock?
Capital Stock is an equity account. You may think of equity as ownership.
Is additional paid in capital an asset?
Additional paid in capital is an asset to a business. If this type of capital has to be paid back to a financial institution, then it will also become an accounts payable or liability.
What type of account is a drawing account?
A Drawing account is a contra capital account and is used by a proprietor type business. It is for recording the owner's withdrawals of the company's assets.
Is rent paid a nominal account?
Type your answer here... yes
What type of account is paid-in capital in excess of par?
additional paid in capital
What type of account is capital?
Personal account
Type of income is paid to capital?
interest
What type of account is capital stock?
Capital Stock is an equity account. You may think of equity as ownership.
Is additional paid in capital an asset?
Additional paid in capital is an asset to a business. If this type of capital has to be paid back to a financial institution, then it will also become an accounts payable or liability.
Which type of account is capital?
Capital is an equity account and liability of business to payback as it is the amount invested by owners in business.
What type of an account is capital?
Capital account is liability nature of account because any capital introduce by owner towards business is the liability of business to return to it's owner.
What type of account is a drawing account?
A Drawing account is a contra capital account and is used by a proprietor type business. It is for recording the owner's withdrawals of the company's assets.
Is rent paid a nominal account?
Type your answer here... yes
What type of account is Fees Earned?
It is under capital which is the account type of Owner's Equity. Fees Earned is under the title Revenue when expanding the ledger.
Do you paid taxes on checking account?
The only tax you would pay on money in a checking account is any interest the money made if it is a interest type of account.
What are the differences between capital reserves and revenue reserves?
capital reserve is a type of account on a company's balance sheet that is reserved for longterm capital investment projects or any other large expenses that will be incurred in the future. capital reserve is a type of account on a company's balance sheet that is reserved for longterm capital investment projects or any other large expenses that will be incurred in the future.
