must equal liabilities plus equity (how the assets are financed). In other words, the balance sheet must balance. Subtracting liabilities from assets shows the net worth of the business A basic ...
No, common stock is neither an asset nor a liability; common stock is an equity ... cash increases the cash line in the company balance sheet. In other words, the company's assets rise.
Seasholes, Mark S., Adi Sunderam, Luis Viceira, and Shawn O'Brien. "Prudential Financial and Asset-Liability Management." Harvard Business School Teaching Note 218-121, June 2018. (Revised June 2018.) ...