Subjects>Sports>Motorsports

Is a dirt bike liability or an asset?

Anonymous

∙ 11y ago

Updated: 12/7/2022

That depends on if you currently own 100% of the value, or are still paying a loan for the dirt bike.

If you own the dirt bike then it would be a personal asset.

If you are paying on a loan for the dirt bike, then it is a liability because you are liable to pay the monthly payment.

Wiki User

∙ 11y ago

What else can I help you with?

What is net liability?

Asset - Liability = Net Asset / Liability * Net Asset - When Asset is more than Liability * Net Liability - When Liability is more than Asset

Is a trade debtors asset or liability?

yes It is an Asset, not a Liability.

Is asset or liability?

asset

Is rent income a asset liability or owners equity?

asset liability

Is equipment an asset or liability?

Asset

Is land an asset or liability?

Asset

Is debtor an asset or liability?

It is an asset

Is a premises an asset or liability?

asset

Is Cash an asset or liability?

Asset.

Is debtor asset or liability?

asset

Is equipment liability or asset?

Asset

Is premises a asset or liability?

asset

Trending Questions

What is the color of Jeff Gordon's hair? Why do people like lambos so much? Who is Dale Earnhardt Jr's spotter? Who owns the NASCAR 96 car? How much money does Kasey Kahne make? How do you finish Diddy Kong Racing? What is the Air screw setting for a ktm mxc 300? What are the duties of the digger? When did Dale Buggins die? How is bernoulli's principle related to car racing? What place did Dale Earnhardt Sr. finish in his last race? What is the ground clearance in a formula one car? What is the best 4 cylinder race car? Who is the actress in the Honda of Turnersville commercials? How many people does talladega speedway seat? How much does Kimi Raikonnen earn per year? When was the motorcycle discovered? How much hp can a stock Honda f20c engine handle? Who is the Lowe's driver in NASCAR? How fast is a ltz 400?

Resources

Top Categories

Product

Company

Copyright ©2025 Answers.com | Lunias Media Inc. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.