Total asset - total liability =?
Answers
Answered by
574
Question :-
Total asset - total liability = ?
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Answer :-
Total asset - total liability = Net Worth
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Extra Information :-
- What is Net Worth?
Net worth is the total assets minus total liabilities of an individual or entity. Net worth may also be referred to as book value or owner's (stockholders) equity.
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Answered by
8
Answer:
shareholder's fund
Explanation:
Shareholders' equity may be calculated by subtracting its total liabilities from its total assets both of which are itemized on a company's balance sheet. Total assets can be categorized as either current or non-current assets.Total liabilities consist of current liabilities and long-term liabilities.
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