How the net worth of a comany is calcuated?
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Formula for calcuation of a company's net worth
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post the question if posible
generally TOTAL ASSETS - LIABILITIES
i think total assets should not consist misc expenditure while calculating net worth of the company
TOTAL ASSETS-PRELIMINERY EXP-TOTAL LIABILITY(+)PROFIT & LOSS A/C (CR)-PROFIT & LOSS A/C (DEBIT)
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