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Is issued share capital a liability in a balance sheet or an asset​
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36 votes
36 votes
Is issued share capital a liability in a balance sheet or an asset​

User Yart
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2 Answers

14 votes
14 votes

Answer:

The share capital is a liability because the company is liable to its shareholders. The company can balance its assets and liabilities by recording cash as an asset or debiting it and recording it as a liability or crediting the share capital.

User Lgmccracken
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21 votes
21 votes

Share Capital is an asset

User Jatin Sanghvi
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2.8k points
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