What are assets and liabilities

    • [DOC File]www.freddiemac.com

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      Assets = Liabilities + Equity Assets must be equal to the claims against those assets. If you have an asset, we can have two broad categories of claims against that asset. First, we may have claims by creditors, liabilities. Secondly, after all creditor claims are satisfied, owners and stockholders have a claim on those assets.

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    • [DOC File]Asset/Liability Management

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      Jan 23, 2015 · ASSETS, LIABILITIES AND NETWORTH (Including those of the spouse and unmarried children below eighteen (18) years of age living in declarant’s household) 1. ASSETS. a. Real Properties* DESCRIPTION (e.g. lot, house and lot, condominium and improvements) KIND (e.g. residential, commercial, industrial, agricultural and mixed use) EXACT

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    • [DOC File]CHAPTER 2: ACCOUNTING FOR TRANSACTIONS

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      ASSETS. LIABILITIES. CURRENT ASSETS Dollars Cents CURRENT LIABILITIES (due within 12 months) Dollars Cents Cash on hand (total amount of $500 or more must be Accounts payable verified on a notarized statement) Material suppliers Cash in bank Subcontractors Marketable Securities (attach list) …

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    • Financial Statements - Assets - Liabilities

      Community liabilities ” means all debts incurred during the marriage, regardless of whose name the debt is in. “ Separate assets ” means those assets owned before marriage, or acquired after separation, or acquired during the marriage by inheritance or gift. “ Separate liabilities

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    • [DOC File]DO NOT FILE THIS DOCUMENT WITH THE COURT

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      For assets: = -D x A x [ i/(1 + i)] For liabilities: L = -D x L x [ i/(1 + i)] Change in equity value is: E = A - L. DGAP (duration gap) = DA - W DL, where DA is the average duration of assets, DL is the average duration of liabilities, and W is the ratio of total liabilities to total assets.

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    • [DOC File]SWORN STATEMENT OF ASSETS, LIABILITIES AND NET WORTH

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      Assets = Liabilities + Owners’ equity. This equation must be in balance at all times. Therefore, if one element in the equation changes, some other elements must also change to maintain the balance. Thus, at least two accounts are affected by every transaction.

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    • [DOC File]National Empowerment Fund | Growing Black Economic ...

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      Jan 23, 2015 · ASSETS, LIABILITIES AND NET WORTH. 1. ASSETS. a. Real Properties. DESCRIPTION (e.g. lot, house and lot, condominium and improvements) KIND (e.g. residential, commercial, industrial, agricultural and mixed use) EXACT . LOCATION ASSESSED VALUE CURRENT FAIR MARKET VALUE ACQUISITION ACQUISITION COST (As found in the Tax Declaration of . …

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    • [DOC File]Accounting Equation:

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      ASSETS. Description Cash or. Market Value. Liabilities and Pledged Assets. List the creditor’s name, address, and account number for all outstanding debts, including automobile loans, revolving charge accounts, real estate loans, alimony, child support, stock pledges, etc. Use continuation sheet, if …

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    • [DOC File]Assets & Liabilities053.xls - Government PH

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      OTHER ASSETS Motor Vehicles Make and Model Cost 1. 2. Equipment Furniture and fittings Debtors Other (details) OTHER LIABILITIES Unsecured Borrowings Bank Mortgage: Unsecured Loans: Credit Cards Contingent Liabilities (for example suretyships) 1. 2. TOTALS NET ASSETS (ASSETS - LIABILITIES)

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