What's the difference between a liability and owner's equity.
Not a lot. It's still owed to someone should they chose to cash it.
Indeed, it could be argued the loan is more stable as you can't sell that on.
Posted By: Johnny Comecardiff on May 8th 2007 at 20:19:49
Message Thread
- Watch: £2m investment press conference (NCFC) - bbc_norfolk, May 8, 18:13:26
- Board poll........... (NCFC) - Sugbad The Bad, May 8, 19:42:22
- Theres lots of good stuff on the BBC "listen again" thingy (NCFC) - shoddy, May 8, 20:36:56
- Martin - since when was a loan an "investment"? (NCFC) - Old Git, May 8, 18:16:42
- since when was a loan not an investment by the funder? (n/m) (NCFC) - CWC, May 8, 23:22:48
- Buying a share of the club is an investment. (NCFC) - Johnny Comecardiff, May 8, 19:19:24
- So that's £25k for the shares (n/m) (NCFC) - Old Git, May 8, 20:06:02
- What's the difference between a liability and owner's equity. (NCFC) - Johnny Comecardiff, May 8, 20:19:49
- So that's £25k for the shares (n/m) (NCFC) - Old Git, May 8, 20:06:02
- Oo, and thanks for the clip (NCFC) - Old Git, May 8, 18:17:17
- Board poll........... (NCFC) - Sugbad The Bad, May 8, 19:42:22
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