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equity
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∙ 11y ago
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Where do you record drawings in the balance sheet?
asset
Is prepaid rent an asset or liability in the books of the payer?
asset
What is the annual salary for asset protection?
well at walmart,they usually make about $10.50 an hour and get paid every two weeks. and it depends if you are fulltime or parttime.you do the math!
What does charlottle mean when she says the barn ''will be unteable''?
probably not viable as a barn or a conversion due to condition or location reducing demand making it a cost rather than an asset
What was the greatest military asset and source of strength of Athens which was destroyed in the end by the Spartans?
The greatest military asset and source of strength in ancient Athens was its naval fleet. Described by some as the "wooden walls" of the city-state, Athenian ships enabled military strikes against the enemy in unexpected places, prevented the enemy from doing the same, and maintained trade during hostilities while interrupting enemy commerce and other naval action.
Is stockholders equity an asset account?
Stockholder equity is a liability account as it is refundable by business at time of liquidation.
Is cash an asset liability or equity?
asset equity
Are retained earnings an asset equity or liability?
asset equity
What is the detailed record of the changes in a particular asset or liability or owners equity called?
account
Is rent income a asset liability or owners equity?
asset liability
Is cash an asset liability or owners equity?
asset
Is sales an asset quity or liabitity?
Sales is not an asset, liability or equity account rather it is a revenue account and part of income statement rather balance sheet.
Is drawing a asset or liability?
Drawings are classified as an liability to the business
Is drawing an asset or a liability?
Drawings are classified as an liability to the business
Is salaries payable an asset or liability or owners equity account?
Salaries payable is liability as it is payable in future time and all liabilities shown in balance sheet at liability side.
Is revenue an asset liability or owner's equity?
sales revenue is owner's equity
Is interest expenses an asset or a liability?
In accounting, interest and other expenses are neither; they are a contra-equity account. This means that as expenses increase, the owners have less equity. Expenses should normally be treated as a debit account, so as you record interest expenses, you should be crediting either an asset or a liability at the same time.
