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In accounting are wages considered liability or equity?
It is an asset.
In a corporate balance sheet is common stock considered an asset liability or equity?
Equity.
Is capital considered an asset, liability, or equity on a company's balance sheet?
Capital is considered equity on a company's balance sheet.
Is cash considered an asset, liability, or owner's equity on a company's balance sheet?
Cash is considered an asset on a company's balance sheet.
Is my house considered an asset even if I have a mortgage on it?
Yes, your house is considered an asset even if you have a mortgage on it. The value of the house minus the amount owed on the mortgage is the equity you have in the property, which is an asset.
Is service rendered considered an asset or owner's equity?
an asset
In accounting are wages considered liability or equity?
It is an asset.
Is cash considered an asset liability or owners equity?
Cash is an asset. It could also be part of what makes up an owner's equity.
In a corporate balance sheet is common stock considered an asset liability or equity?
Equity.
Is capital considered an asset, liability, or equity on a company's balance sheet?
Capital is considered equity on a company's balance sheet.
Is cash considered an asset, liability, or owner's equity on a company's balance sheet?
Cash is considered an asset on a company's balance sheet.
Is cash an asset liability or equity?
asset equity
Is my house considered an asset even if I have a mortgage on it?
Yes, your house is considered an asset even if you have a mortgage on it. The value of the house minus the amount owed on the mortgage is the equity you have in the property, which is an asset.
Are retained earnings an asset equity or liability?
asset equity
Is cash considered an asset or equity on a company's balance sheet?
Cash is considered an asset on a company's balance sheet, representing the amount of money and liquid assets the company currently holds.
Both return on asset and return on equity measure profitability which one is more useful for comparing two companies why?
Return on asset= profit margin × asset turnover Return on equity= return on asset × equity multiplier so, return on equity is more comprehensive
Is drawings an asset equity or liability account?
equity
