Networth calculation
This query is : Resolved
06 May 2016
NET WORTH= ALL FIXED ASSETS ON BOOK VALUE+ALL CURRENT ASSETS- ALL CURRENT LIABILITIES+ ALL SECURED & UNSECURED LOAN.
IS THIS CORRECT?
IS THIS CORRECT?
07 May 2016
In Simple Terms:- Share Capital + Reserve & Surplus - Misc Expns. (Debit Balance of P&L, Deferred Expns) OR
Assets Side total (except debit balance of P&L ) - Liabilities side (except Capital and Reserve & Surplus)
Assets Side total (except debit balance of P&L ) - Liabilities side (except Capital and Reserve & Surplus)
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