If capital Reserve must be included in the calculation of Net worth??
By any chance it is attributable to the shareholder from the excess found after meeting all the Capital losses at the time of Winding up?
I'll tell you a case.
A company is in winding up process now. So at this stage for calculation of Net worth, will you include Capital Reserve???
YES capital Reserve included in NET worth ,Networth is a part of Capital
since the company is winding up now not purchased any capital asset
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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R P S K & Associates
Nashik
CA Inter
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