is share premium included in calculating shareholders fund or proprietary funds or networth?
shareholders fund or proprietary funds or networth=equity share capital+reserves and surplus +preference share capital-ficititious assets
what all is included in reserves and surplus?
should preliminary expenses and ficititious assets be considered the same?
i have a problem wherin preliminary expenses is given shoul i consider it as ficititious asstets for computing shareholders funds?
thanks
yes preliminary expenses should be considered as fictitious assets. and share premium should be added in calculating the net worth
Ageed wuth Ashish
Another Formula to find Networth from Asset side
Fixed Assets +Working Capital
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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