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Yes, if it has a positive balance.

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13y ago

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Is a checking account an asset?

Yes, a checking account is definitely considered an asset because it holds cash, which is one of the most liquid forms of assets. Understanding basic financial concepts like this is essential for personal growth and skills development—especially in areas like money management, budgeting, and financial planning. The more we improve our financial literacy, the better equipped we are for long-term success. For more information: nsda.portal.gov.bd/site/page/92fd3b71-62de-43d9-b291-f80855dab52b


Is a checking account considered an asset or liability?

A checking account is considered an asset because it represents money that you own and can access.


Is your checking account considered an asset?

Yes, a checking account is considered an asset because it represents money that you own and can access.


Is a checking account considered an asset or a liability?

A checking account is considered an asset because it represents money that you own and can access easily.


Is checking account balance considered an asset?

Yes, a checking account balance is considered an asset because it represents the amount of money a person has available to use.


Is checking your account an asset or a liabilities?

Checking your account can be considered an asset as it represents the funds you have available for use. However, it can also be seen as a liability if your account has a negative balance or if you owe money to the bank or other creditors.


Which type of account is typically the most liquid A checking account B savings account C certificate of deposit D exchange traded fund?

A checking account is typically the most liquid.


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 is meant by asset management?

Asset Management has a couple definitions, including a client's investment management, and an account at an institution for finances, including a checking account, debit card, and credit cards.


Is land a liquid or non liquid asset?

is land a liquid asset


Are sundry debtors a liquid asset?

liquid asset


Which is the least liquid asset?

inventory is our least liquid asset.