Interested to Buy Any Domain ? << Click Here >> for more details...
net worth is:
1)total assets less outside liabilities
2)total liabilities plus owner equity
3) current assets less current liabilities
4) total accumulated profit less liabilities
choose correct and with deatail.
- 3 Answers
- 30613 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / manish
total asset less o/s liablity( option '1' ) is correct.
| Is This Answer Correct ? | 23 Yes | 5 No |
For a company
total asset- total liability
For Individual
value of person including cash & bank - all liability
| Is This Answer Correct ? | 23 Yes | 9 No |
Answer / manish sharma
according to first option the net worth of co will be
nil,bcoz in b/s assets and liability side tallied,hence
answer is incorrect,
The Networth means
1 Total assets(excluding ficticious assets)-out siders
liability
2 net worth=owners fund(capital+reserves+profit)
| Is This Answer Correct ? | 16 Yes | 3 No |
What is the difference between personal account real account and nominal account?
what is cash on account?
What does the financial statement of the company include?
Why we do Inter company reconciliation
bookkeeping, and accountancy,purchase procedure , Educational institutions ;, secretarial practices, Administratire and Academic rules and regulations in Government offices, Academic institutional , computer skils. etc
april'13 salary we paid in aug'13 what is the entry in books
How i should sellone the mobile phone when interviewer will ask sell this phone to me?
1.recivable and payble 2.pf,tds,esi
What is the difference between Target and Budget?
what is the difference between 'quotation' and 'proforma invoice'?
what is the examples of direct income
What is Journal Entry for Provision for Leave Salary
4 Answers Bescom, State Bank of Mysore SBM,
Audit 
