Networth calculation

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 November 2010 Dear Team,

While calculating the net worth, whether we need to deduct the outside liabilities & unsecure loans from the assets?

Aditya Maheshwari

Aditya Maheshwari (Expert)
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29 November 2010 visit this link
https://www.caclubindia.com/share_files/net-worth-certificate-11875.asp

or simple format
Fixed Assets
Add:
Investment in shares
Cash in hand
Balance with Bank
Loans & Advances
Deposits & other assets

Less:
Unsecured Loans
Current Liabilities & Provisions