Calculation of networth

This query is : Resolved 
Profile Image

Profile Image

(Querist)
03 November 2013 How to calculate networth of individual partners in a partnership firm?
Shall I divide assets and liabilities in the same ratio as profit sharing ratio.
Please clarify me the detailed steps.
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
03 November 2013 Net worth will be = All assets - liabiities of firm.
Profile Image

Harshita

Profile Image

Harshita (Querist)
03 November 2013 I m asking about net worth of partners individually...!!
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

budget 26-27


Answer Query



Quick Links



Browse by Category