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
Click here to login now
Similar Resolved Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Building and other construction workers welfare cess act 1996
- Bank Accounts in Balance Sheet for ITR 3
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Gift of mutual fund units to daughter
- TDS ON CASH WITHDRAWALS...
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Pan Card apply for Self help group
- Reporting of STCG on Property in ITR
- Error while filling exam form November 2026
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
