Question

26. The difference between the total assets and total outside liabilities.
(a) Cash in hand
(b) Net worth
(c) Paid-up capital
(d) Net profits

Answer 1

Hi mate

Question

The difference between the total assets and total outside liabilities.

(a) Cash in hand

(b) Net worth

(c) Paid-up capital

(d) Net profits

Answer

b) Net worth is your answer

Reason:

Assets = Outside Liability + Owner's Equity or Net worth.

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Answer 2

Answer:

(b) Net Worth

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