Net worth
Querist : Anonymous
How to calculate Net Worth?
Net Worth = Assets-Liabilities.
In case of Company it is calculated as below:
1.Share Capital.
2.Share Premium.
3.Reserves & Surplus(Free Reserves otherwise available for distribution of dividends)
4.Undistributed Profit and Loss a/c
Total of the above
Less:
1.Debit balance of P&L a/c if any
2.Miscellaneous Expenses if any
OR
Net Fixed Assets + Net working Capital
Net Working Capital= Current Assets- Current Liabilities
Net Worth = Assets-Liabilities.
In case of Company it is calculated as below:
1.Share Capital.
2.Share Premium.
3.Reserves & Surplus(Free Reserves otherwise available for distribution of dividends)
4.Undistributed Profit and Loss a/c
Total of the above
Less:
1.Debit balance of P&L a/c if any
2.Miscellaneous Expenses if any
OR
Net Fixed Assets + Net working Capital
Net Working Capital= Current Assets- Current Liabilities
Querist : Anonymous
If we want to calculate Net worth of Individual then what will be formula?
Thanks
Querist : Anonymous
If we want to calculate Net worth of Individual then what will be formula?
Thanks
Net worth= Assets-Liabilities (as per latest Balance sheet usually)
Querist : Anonymous
In Assets (FA+INV+CA) 58868083.16
In Liability (Only Caiptal)Rs.58868083.16
Thanks
Yes, Capital a/c is the net worth when there are no other liabilities.
Querist : Anonymous
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