Questions tagged [liabilities]
The liabilities tag has no usage guidance.
14
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"Buy assets, not liabilities": How is it possible to buy a liability?
Some personal finance gurus such as Robert Kiyosaki claim that people should "buy assets, not liabilities". This made me wonder: is it even possible to buy a liability? From what I have ...
- 16.9k
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stockholders equity is higher than total liabilities but the stockholders equity has "()" indicating it is negative. why is that?
Right column of balance sheet
full view of balance sheet.
- 11
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2
answers
145
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How to find total equity from balance sheet of a company?
I was looking for balance sheet of a company to know about it's total assets, liabilities and equity price. I tried apply basic formula to get equity, which is 'Assets = Liabilities + Equity'.
But, ...
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1
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Can shareholders’ equity be more than total assets?
I was just learning about DuPont Identity on investopedia with this example:
#DuPont Identity Example Calculation
Assume a company reports the following financial data for two years:
Year one net ...
- 103
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2
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How do I use a liability account (in ledger-cli)?
I don't think this is only applicable to the software, but it's the one that I'm using.
In the documentation it talks about using charitable giving (e.g. tithing) as a Liability.
An example for 10% ...
- 1,159
1
vote
2
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268
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Receive liability as a present
My parents in law want to give my kids a used car as a present for their 17th birthday (about 8000 dollars). I know that this is going to add about 250 monthly on gas+taxes+maintenance to our expenses....
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Liability of Open Ended Investment Company in Ireland
As fas as I was able to find in web, there are three main company types in Ireland:
Limited companies
Unlimited companies
Funds
I need to know a liability of the shareholders of Open Ended ...
- 163
0
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1
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3k
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Credit card expenses showing as Liabilities in QuickBooks
I have a business and I have a company credit card. I have linked this card with my QuickBooks online account. When I pull a "balance sheet comparison" report for the year, it is showing an amount in ...
- 145
-2
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1
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What is a term for the elements of a balance sheet?
What is a term for the elements of a balance sheet? Specifically I need a term that includes assets, liabilities, and owners equity. This term (t) needs to be one where I can say x "is a" t where x ...
1
vote
2
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2k
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Total assets and current assets
I was looking into company investment data and was doing some ratio calculation when I stumbled upon 4 Terms "Total Assets", "Current Assets", "Total Liabilities", "Current Liabilities". My instinct ...
1
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2
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16k
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How do I calculate my own assets?
What should I include in my asset calculations? How do I know what is an asset and what is a liability?
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481
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Where to record existing assets when starting double-entry accounting
Very rarely would anyone start recording their accounting with zero assets or liabilities. Question is - under which account would you record them? Specifically, if you own property, you would debit ...
- 35
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2
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470
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How would a collection against me affect my credit
I went to a new city two weeks ago and rented a 2011 Civic in the meantime. On the last week of the rental, someone hit my car in the front bumper in a parking lot.
The damage was a 2 by 3 inch dent ...
- 2,756
3
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2
answers
551
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How should I document mandatory furlough in GNUCash?
My union contract requires a certain number of furlough hours be taken over the next year and a half. Furloughs are basically unpaid vacation--I don't show up, and don't get paid. How should I ...
- 7,437