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Are networth and capital is same

Prasanth kumar Kamisetty

CA Inter

★ 12K+

12-Jul-20 12:47

341

Answers (2)

Yes,Capital also known as networth,netasset or equity which is calculated by subtracting total liabilities from totalÂ assets.Â But "Capital Employed" is different,Capital employed is calculated by subtracting current liabilities from totalÂ assets