Guest
asked 6 months ago
1 Answer - Sort by: Date | Rating
Net Assets is a concept from Finance and accounting. It is a word that is used for the Net worth of a company. Actually Net Assets is derived by subtracting the liabilities from the assets.
The Balance sheet of a company shows the Assets and the Liabilities. Now this does not show the full picture. Because a company might have many assets but these assets are of no use until and unless they balance out or exceed the liabilities. Thus, net worth shows whether the assets are able to cover the liabilities or not.
0
0
- What Is Cameroon's Basis Of Economy?
- Role Of Accounting Records In Organization Many Small Businesses Have No Obligation To Issue Financial Statements To Outsiders That Is To Investors And Creditors Give At Least Three Reason Why Such Businesses Would Maintain Acoounting Records If Fin?
- What Problem In Accounting Process?
- What The Problem In Accounting?
- What Is The Fastest Way To Prepare For General Awareness?
- What Is The Best Approach To Auditing An Internal Auditors Operations?
- What's The Best Approach To Reviewing An Internal Auditors Operations?
- Explain The Principles Of Internal Control?
- What Are Five Elements In Accounting?
- What Is Adjustment Entries?
- Is The Ledger Balance A Deductible Amount?
- What Are The Accounting Subjects?
- How Does Depreciation Effect The Income Statement, Balance Sheet And Statement Of Cash Flows?
- How Should I Behave On An Interview For Accounting?
- How Will Make Purchase Entry In Journal?
- What Controls Do You Have In Place To Ensure Candidates Are Not Overcharged?
- What The Concurrent Audit Actually Means? How Is This Different From Daily Transaction Check? Or Is This Similar To Daily Transaction Check?
- Explain And Describe The Accounting Process?
- Can I Find Out If There Any Investigation Against Me?
- How Much Is A Ring With The Internal Markings Australia, Georgivs Vi D: Go For?
- What Is My Account Balance And Availability?
- What Are The Advantages And Disadvantages Of Current Cost Accounting?
- The Opening Balance Of Assets Accounts Appears On What Side?
- State Three Matters To Which The Auditors Should Expressly Refer In Their Report Other Than Any Qualification In The Report?
- What Is The Affect Of Error Of Principle In Balance Sheet?
Featured Question
- Business & Finance
- Business
- Accountancy
- Accountancy Software
- Advertising & Marketing
- Business Banking
- Business Loans
- Business Mortgage
- Buy A Business
- Direct Mail
- Directors
- Exhibitions
- Factoring
- Franchising
- Grants And Free Help
- Interviewing
- Investments
- Leasing
- Organization
- Organizational Charts
- Pension Schemes
- Phone Numbers
- Premises
- Public Relations
- Public Sector
- Redundancy
- Regulations
- Sell A Business
- Service Sector
- Staff
- Starting A Business
- Strategy
- Taxes
- Training & Leave
- Venture Capital
- Virtual Offices
New Comment - Comments are editable for 5 min.