Assets/(liabilities): Difference between revisions
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[[Category:Accounting,_tax_and_regulation]] | |||
Latest revision as of 14:16, 8 October 2020
Assets / (liabilities) is a sign convention under which assets are positive numbers and liabilities are negative numbers.
Negative numbers are often shown (in brackets) for emphasis.
For example:
Total assets +10
- Total liabilities (6)
= Net assets +4
Taking another example:
Total assets +10
- Total liabilities (15)
= Net liabilities (5)
