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Why is a share of Oil and Gas Development Corporation an asset for its owner and a liability for OGDC?
Wiki User
∙ 15y ago
Why is a share of OGDC is an asset for its owner and a liability for OGDC?
Wiki User
∙ 15y ago
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Why is a share of OGDC common stock an asset for its owner and a liability for OGDC?
why is share of OGDC common stock an asset for its owner and a liability for OGDC?
Is owner's capital a current asset or other asset?
None!- Its liability.
Is owner capital an asset?
no owners capital is not an asset its an internal liability for the company
Are dividends owner's equity or asset or liability or revenues?
If your divident is the result of your own investment, it is an asset. Divident payable is a liability.
Is revenue an asset liability or owner's equity?
sales revenue is owner's equity
Why is a share of OGDC common stock an asset for its owner and a liability for OGDC?
why is share of OGDC common stock an asset for its owner and a liability for OGDC?
Is owner's capital a current asset or other asset?
None!- Its liability.
Is owner's capital asset?
no owners capital is not an asset its an internal liability for the company
Is owner capital an asset?
no owners capital is not an asset its an internal liability for the company
Are dividends owner's equity or asset or liability or revenues?
If your divident is the result of your own investment, it is an asset. Divident payable is a liability.
Is revenue an asset liability or owner's equity?
sales revenue is owner's equity
What is Basic Accounting formula?
asset = liability + owner's equity
Is wage expense asset liability or owner's equity?
neither
Is a capital a asset or liability?
No,Capital is owner's equity i,e owner's contribution to business.
Is capital an asset or a liability?
No,Capital is owner's equity i,e owner's contribution to business.
What will increase one asset and decrease another asset with no effect on liability or owner s equity?
Purchase an asset on cash will increase the purchased asset while reduce the cash amount and no impact on liability or equity section.
Why owner's equity is affected by the choice of particular asset and liability measurement?
Cleopatra
