Mortgage an Asset or Liability? 151 viewsJuly 9, 2025#assetsandliability 1 LuckScout Member July 2, 2025 0 Comments On a balance sheet, where does a mortgage entered? Is it on Asset column or a liability column. 8 Answers ActiveVotedNewestOldest 1 LuckScout Member Posted July 6, 2025 0 Comments Morgage is a liability until you pay off the loan then it becomes an asset. You are viewing 1 out of 8 answers, click here to view all answers. Register or Login