Tuesday, August 4

Accounting 101: How To Interpret Your Networth?


How To Interpret Your Networth?

One of the important things to remember in Accounting 101 is that we know how to read or interpret what the numbers are telling us.

Typically, it is a G-O-O-D sign when…

Our Networth are bigger than our Liabilities.



It spells D-A-N-G-E-R when…

Our Liabilities are bigger than our Networth.

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