Capital, in accounting is referred to as “Networth.” It is what is left when we deduct the Liabilities from our Assets.
In Accounting, the formula of a Balance Sheet is this:
Assets = Liabilities + Capital (or Networth)
Saturday, July 25
Accounting 101: What Is A Networth?
What Is A Networth?
Capital, in accounting is referred to as “Networth.” It is what is left when we deduct the Liabilities from our Assets.
In Accounting, the formula of a Balance Sheet is this:
Capital, in accounting is referred to as “Networth.” It is what is left when we deduct the Liabilities from our Assets.
In Accounting, the formula of a Balance Sheet is this:
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