Sentences with phrase «loan liability put»

Arizona Rep. Kyrsten Sinema posted no assets with a dollar value, while a single student loan liability put her in negative net worth territory.

Not exact matches

At the moment, the set up is such that every month there is a single transaction withdrawing money from the checking account (Asset) and putting it directly to the mortgage account (Liability), thus decreasing the loan.

Purchasing a truck requires the business owner to put the truck on the balance sheet as an asset and any loan used for purchase becomes a liability.

I understand that I can put the amount in there as a liability and it will be deducted off my net worth (which is accurate since it's a loan), however am I also supposed to make another account to represent the fact that the loan exists in my savings account?

Being a cosigner on a student loan can put the cosigner's own financial health in jeopardy, as your own credit score will now reflect the student loan debt as a liability.

But, due to your unfortunate death before re-payment of loans may put this huge financial liability on your family.