Net worth

This query is : Resolved

swasti (Querist)
Follow

28 August 2012 What is the net worth of a company? Is it Share Capital + Reserves & Surplus - Preliminary Expenses (to the extent not w/o) - Preoperative Expenses (to the extent not w/o). or

Net Worth = Share Capital + Reserves & Surplus - Preliminary Expenses (to the extent not w/o).

Specifically I wish to know whether preoperative expenses are to be deducted from Share Capital & Reserves to arrive at net worth of the company or not?

Ajay Mishra

Ajay Mishra (Expert)
Follow

28 August 2012 Hi

give id i will send you complete list.

swasti

swasti (Querist)
Follow

28 August 2012 Thanks Sir. Its "swasti_r82@yahoo.com". Regards

Ajay Mishra

Ajay Mishra (Expert)
Follow

28 August 2012 Hi

I think, u got the same.

swasti

swasti (Querist)
Follow

28 August 2012 Thanks Sir. I have received your mail. I will check the same & in case of any difficulty, please allow me to approach you further. Regards.

CA Ayush Agarwal

CA Ayush Agarwal (Expert)
Follow

28 August 2012 Yes, PreOperative Expenses are Deductible.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Nithish Kothari

ANUPAMA L KANT

Fahima Malik

velichety.l.narasimharao

T.N.Reddy

Subscribe Now

Net worth

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA