Networth

This query is : Resolved

Venkatramani Prabhakaran (Querist)
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04 October 2011 I would like to know what are all the parameters to be taken for calculating 'NETWORTH'.

I'm taking the following
a) Paid-up Capital b) Share Application Money
c) Reserves & Surplus

I have noted that the sum of above to be subtracted by miscellaneous exp n.w.o.

Pls confirm.

CA PRAVIN

CA PRAVIN (Expert)
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04 October 2011 NETWORTH= TANGIBLE ASSETS+INVESTMENT+CURRENT ASSET- CURRENT LIABILITIES
NETWORTH = CAPITAL+ RESERVE+PROFIT

ACMA Obulirajan R

ACMA Obulirajan R (Expert)
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04 October 2011 Agreed with Expert

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CA Pushpendra Gaur

CA Pushpendra Gaur (Expert)
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04 October 2011 hey in the capital route don't forget to deduct the Miscellaneous expenditure also

Venkatramani Prabhakaran

Venkatramani Prabhakaran (Querist)
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05 October 2011 Pls clear shall i have to consider the following parameters only for Networth

(Paid-up capital + Share Application Money + Reserves & Surplus) - (Misc Exp n.w.o)

is it correct?

CA Pushpendra Gaur

CA Pushpendra Gaur (Expert)
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05 October 2011 (Paid-up capital + Share Application Money + Reserves & Surplus) - (Misc Exp n.w.o)- Accumulated losses in P/L A/c