do I carry my capital all the way through on the balance sheet?

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do I carry my capital all the way through on the balance sheet?

after I subtract the liabilities from the assest my total capital is the balance? to obtain my net worth i subtract my total liabilities and capital for my capital?

2006-10-24 08:47:05 · 2 answers · asked by audrey j 1 in Business & Finance ➔ Small Business

2 answers

in the basic accounting equation...

assets = liabilities + equity

therefore...

assets - liabilities = equity

equity, capital & net worth can be used synonymously

2006-10-24 09:10:44 · answer #1 · answered by loveholio 5 · 0⤊ 0⤋

Yes, net worth = assets - liabilities

2006-10-24 15:55:58 · answer #2 · answered by BrasilTrader 2 · 0⤊ 0⤋