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Bank loans are considered liabilities on a company's balance sheet because they represent the company's obligation to repay the borrowed funds to the bank.

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5mo ago

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Are treasury bonds considered assets or liabilities on a company's balance sheet?

Treasury bonds are considered assets on a company's balance sheet.


What are assets and liabilities reported on?

Assets and liabilities are reported on a balance sheet


What is the format of a balance sheet?

The format of the Balance Sheet is Assets = Liabilities + Equity * Current Assets * Fixed Assets * -------------------- * Total Assets * Current Liabilities * Long Term Liabilities * -------------------------- * Total Liabilities * Equity * Net Income * ---------------------------- * Total Equity * -------------------------- * Total Liabilities and Equity


What information is reported on the balance sheet?

Assets and Liabilities.


What are Dependencies between current assets and current liabilities either through balance creations or balance changes?

dependencies between current assets and current liabilities either through balance creations or balance changes.


What is a balance sheets equation?

Assets = Liabilities + Equity is the Balance Sheets Equation.


Three elements of the balance sheet?

ASSETS, LIABILITIES and EQUITY


What is a balance sweet?

this is a statement showing the assets and liabilities of a company


What is balnce sheet?

Balance sheet is the record of Assets and Liabilities.


What is excess of assets over liabilities called?

Fund balance


What's the relationship between current liabilities and current assets?

Solvency. A company is considered solvent if it's current assets exceed it's current liabilities. A company is considered to be insolvent if their current liabilities exceed their current assets.


What is the difference between accounting balance sheet and economic balance sheet?

Straight from my text, the difference is that an accounting balance sheet omits significant assets and liabilities and the accounting balance sheet does not report all assets and liabilities at their market value (the accounting balance sheet records a book value; ie the dollar value paid for an item). With respect to which assets and liabilities that are omitted, I am not sure.