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Criminal conduct that qualifies for criminal punishment is the definition of?

c) criminal liability


Is a positive balance in your cheque account a asset or liability to you and the bank?

For Bank: Liability For You: Asset


Is cash at the bank an asset or liability?

Cash at the bank is an asset for you but a liability for the bank if it is held in a checking or regular savings account.


What does mdc mean on a bank statement'?

miscellaneous debit & credit


What is external liability?

what is external liability all debts that are external from the business eg. bank loan,bank overdraft,


Is a check deposit a liability to the bank?

No


Is a bank overdraft an liability?

Bank Overdraft as Liability by Kayors Yes, a bank overdraft are classified as a current liability. What happens here is withdrawls from the bank exceed deposits. The lending institution, usually the bank, would allow an extension of credit in such a case. The company is usually expected to pay within short-term and it results in negative balance in company's bank account. That is the reason for the overdraft being classified as a current liability.


Why is a client's bank account a liability to the bank?

The money has to be paid out on demand.


Is bank indebtedness a liability?

Yes, bank indebtedness is considered a liability. It represents money that a borrower owes to a bank, typically due to loans or credit lines. This obligation must be repaid, making it a financial responsibility that appears on the balance sheet as a liability.


Is a bank loan considered an asset or a liability on a company's balance sheet?

A bank loan is considered a liability on a company's balance sheet because it represents money that the company owes to the bank.


Cash at the bank as an asset and as a liability?

ASSET


Is an overdraft a liability?

Bank Overdraft as Liability by Kayors Yes, a bank overdraft are classified as a current liability. What happens here is withdrawls from the bank exceed deposits. The lending institution, usually the bank, would allow an extension of credit in such a case. The company is usually expected to pay within short-term and it results in negative balance in company's bank account. That is the reason for the overdraft being classified as a current liability.