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

User Garett
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2 Answers

1 vote

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.

2 votes

Share Capital is an asset

User MrJD
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