Hi, my question involves listing assets and liabilities for week ending 14th of January for a plumbing company. The plumber has bought some tools on the 8th but is not paying for them until the 23rd. Would I need to list the tools as a fixed asset (as they benifit the company)or a liability (as the list is week ending on the 8th so they would be an asset or a liability as money will be going out after this date, on the 23rd, to pay for them?),

Question

Hi,   my question involves listing assets and liabilities for week ending 14th of January for a plumbing company. The plumber has bought some tools on the 8th but is not paying for them until the 23rd. Would I need to list the tools as a fixed asset (as they benifit the company)or a liability (as the list is week ending on the 8th so they would be an asset or a liability as money will be going out after this date, on the 23rd, to pay for them?),
any help would be very much appreciated.