Networth calculation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 November 2010
Dear Team,
While calculating the net worth, whether we need to deduct the outside liabilities & unsecure loans from the assets?
While calculating the net worth, whether we need to deduct the outside liabilities & unsecure loans from the assets?
29 November 2010
visit this link
https://www.caclubindia.com/share_files/net-worth-certificate-11875.asp
or simple format
Fixed Assets
Add:
Investment in shares
Cash in hand
Balance with Bank
Loans & Advances
Deposits & other assets
Less:
Unsecured Loans
Current Liabilities & Provisions
https://www.caclubindia.com/share_files/net-worth-certificate-11875.asp
or simple format
Fixed Assets
Add:
Investment in shares
Cash in hand
Balance with Bank
Loans & Advances
Deposits & other assets
Less:
Unsecured Loans
Current Liabilities & Provisions
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