Are stocks classified as assets or equity?
I'm finding conflicting answers.
if you are a company and you raised funds through YOUR COMPANY's equity, then it is on the equity side. For example, when a company IPO's they sell equity, and the cash they receive in exchange raises the ASSET side of their balance, and on the other side their EQUITY (note: if u dont understand balance sheets you wont understand this).
Conversely, if you are a bank or hedgefund or simply a company who owns shares of a SEPERATE company (like Yahoo! owning Alibaba stock), those appear as ASSETS on your balance sheet. They are equities but are on your assets in that they generate income for the holder.