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What is difference between networth and net assets

Financial Management

answered on 08-Oct-20 15:49

I had a doubt regarding these two networth and net assets . please explain me the difference ,and with example.

latest answer

Net worth = equity shareholders funds and free reserves Net assets = Total assets - total liabilities

Sai Ram Ainala

Sai Ram Ainala

ACCA Professional

9K+

1

836

Share allotment entry

Accountancy

answered on 08-Oct-20 16:10

Do I need to write the entry which I have directed by showing a red line because it is already written afterwards at last entry in combined way .

latest answer

Ok

Parikshit Rathod

Parikshit Rathod

CA Foundation

710

2

760

Section 58(1) and 58(2)

Corporate & Other Laws

answered on 08-Oct-20 15:50

Can public company refuse to register transfer ?

latest answer

Yes on reasonable grounds

Chandan Subudhi

Chandan Subudhi

CA Final

12K+

1

663

Exemption

Indirect Taxation

answered on 08-Oct-20 16:00

Is horoscope services is also cover under religious services??and exempt??

latest answer

No

Parthi ban.B

Parthi ban.B

CMA Final

2K+

1

688

Rectification of errors

Accountancy

answered on 08-Oct-20 20:37

Question no.6 Trade payables a/c Dr To suspense account ( Above journal is Book answer) Why can't we credit Mr.Q instead of crediting suspense account??

latest answer

Thank you

Pooja .

Pooja .

CA Final

210

3

663

Exemption

Indirect Taxation

answered on 08-Oct-20 16:20

Sugarcane is an agricultural product so its exempt from gst.....is jaggery is also exempt product ?? if yes....why??

latest answer

Exempted separately.

Parthi ban.B

Parthi ban.B

CMA Final

2K+

1

687

Resigning Of audit

Auditing

answered on 13-Oct-20 13:36

Sir, In case of Govt company or not , the auditor have to continue till the conclusion of AGM . If auditor wants to resign can he do so sir prior to AGM.

latest answer

Yes by giving notice to management and registrar within 30 days in form ADT3

M Naresh

M Naresh

CA Final

3K+

2

686

Loading

Others

answered on 07-Oct-20 17:18

Sir whenever I see ur video...my phone automatically exit the app..what should i do?

latest answer

Please take a screen recording and email to support@indigolearn.com

Shalini Shalu

Shalini Shalu

CMA Inter

300

1

722

Shares and debenture

Corporate & Other Laws

answered on 07-Oct-20 12:10

Sec 58 Why the company didn't register transfer of shares...? On what grounds?

latest answer

The Supreme Court on Tuesday restricted further fundraising by Shapoorji Pallonji group from pledging or transferring Tata Sons shares owned by them till October 28. This is a case where there is a corporate fight between two groups.

Ramya Devi

Ramya Devi

CA Inter

580

2

764

Branch Accounts

Accountancy

answered on 07-Oct-20 12:11

Sir , In case of Inland , Dependent Branch whenever the head office Sents the goods at Invoice price and such goods are in transit the Unrealised profit should be shown as which entry sir 1) Branch Adjustment A/ C. Dr. To stock reserve Or 2 ) Branch Adjustment A/C. Dr To goods in transit A/C. Which Entry is Correct ? Reason sir .

latest answer

Stock reserve.

M Naresh

M Naresh

CA Final

3K+

1

780