i thnk its nt.stock is not a liability.stock is our asset.when it over comes its goes to liability.
An LLC (limited liability company) is not on the stock exchange, as it it doesn't issue stock.
no
account payable
No, stock typically refers to a company's inventory of goods that are available for sale, not customers' goods. Customers' goods are items that belong to customers and are not part of the business's inventory. However, if a company offers services that involve storing customers' goods, those items would be considered separate from the company's stock.
Equity.
Goods Received: Debit Stock Credit Goods Received Invoice Received: Debit Goods Received Credit Trade Payables Result: Debit Stock (Asset) Credit Trade Payables (Liability)
Capital stock is part of liability
liability
No,
why is share of OGDC common stock an asset for its owner and a liability for OGDC?
An LLC (limited liability company) is not on the stock exchange, as it it doesn't issue stock.
Does stock dividends increase the corporations total liabilities
I think it an asset
no
A Goods Received note is a document that is given when goods are taken into a company, store, or business. This is often a checklist to review before payment is made for the goods that have been received.
Libability is defined as the state of being responsible for something. An expense is the cost required for something. Whether or not broken goods are a liability or expense depends on the detail surrounding how the goods were broken. The goods would be an expense for the store who owned the goods unless they insisted the patron pay for the item. They would be a liability if the broken goods cause harm to someone.
No, common stock is equity, it represents the capital provided by the owners. A liability is an obligation of the firm to other parties (like repay a bank loan, etc).