Net worth

Shivani (Learner) (1881 Points)

07 December 2016  

Dear Friends

I am not sure if this is the right category to post this question.

My apologies if it isn't.

I want to know if a person wants to prepare his Net Worth Statement and while doing so finds that his Liabiliteis are more than his Assets, then what shall we call the difference amount?

If Assets are more than Liabilities, i think the difference amount is his Capital. Am i right?

regards

shivani