Your company's assets and liabilities are reported on its balance sheet. Assets go on one side of the sheet, liabilities on the other. The difference between them is the owners' equity in the company -- what the owners would take away if they sold all those assets and paid off all those debts.
Key Points. For all residential premises, whether houses or flats, a landlord may, depending on the circumstances, be liable to be prosecuted if anyone such as a tenant, resident, workman or visitor, is put at risk of being exposed to asbestos or is actually exposed to it.
Landlord and tenant responsibilities for pest control. But if the pest problem is noticed by the tenants well within the tenancy agreement period, the landlord may argue that the tenants are responsible for triggering the pest infestation. As for any dispute, one of the two parties must have enough ground to support their claim.