Assets/(liabilities): Difference between revisions
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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) | |||
Revision as of 11:20, 21 May 2017
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)
