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

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asked May 21, 2022 87.4k views

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Alexander Poluektov · Answer 1 · 2022-05-23T05:58:29+0000

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.

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

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