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Assets would be anything of value the company uses to make money such as
Supplies- wood, sandpaper, etc
Tools - Saws, Hammers, Planes, etc
Liabilities are anything that company owes
Equipment/tools bought on account that the company is still paying for
Supplies purchased on account etc.
What else can I help you with?
Is premises is current asset or fixed asset?
Premises, if owned, are considered as a fixed asset. This is because it is usually retained for the long term, and is used by the firm to generate profits. An example is a bakery shop - the shop is used as an outlet to sell bakery goods.
Is shop equipment an asset?
Yes, if it's your shop.
What are the release dates for Passion Play Christ in the Carpenter Shop - 1903?
Passion Play Christ in the Carpenter Shop - 1903 was released on: USA: January 1903
How do you say carpenter shop in Hebrew?
khanut nagarut (×—× ×•×ª × ×’×¨×•×ª)
Harvest magical melody how to get a double bed?
You can buy it from the carpenter shop.
How do you get more land in harvest moon GameCube?
You can buy it from the Carpenter Shop.
Where do you take the cat in poptropica?
To the carpenter shop. Give it back to the owner.
When does the carpenter come by rune factory 3?
There is no carpenter in Rune Factory 3. If you want to build/upgrade your barn, you have to go to the weapon shop.
How do you buy house in harvest moon DS island of happiness?
You can upgrade it at the carpenter's shop.
Where can I find a carpenter?
Yes, a good carpenter in the Bronx, NY would be The Carpentry Shop. They are highly rated and very popular.
What is the meaning of credit and debit in business accounting?
Credit is giving money and debit is taking. A shop will debit its customers in exchange for goods and the customers will credit the shop for the goods.In Accounting:Debits represent increases in value of assets and expenses and decreases in income, liabilities and equityCredits represent increases in liabilities, equity and income and decreases in assets and expensesExample: To record the purchase for cash of office furnitureDebit Office Furniture and Credit CashThe shop example above is an excellent example of the reason accounting seems backwards to most people. The way two parties account for a transaction is a mirror image. When shops and banks tell you they are crediting your account, they are telling you how they are accounting for it, which is backwards from the way you account for it.
Which is correct shop in or shop on?
Neither: "shop at" is the correct form. For example, "I shop at Harris Teeter."
