"Capital" is the amount of resources provided by the owner, while liabilities are the amount of resources provided by the owner AND other people. Assets = Capital + Liabilities
the difference between total current assets and total liability is the working capital. It goes with a formula 'current asset -current liability =working capital '
There is no difference between Contingent Liability and Off Balance Sheet Liability.
Working Capital is the difference between Current Assets and Current Liabilities.Net Worth is Total Assets -Total Liabilities current asset-current Liability=Working Capital working Capital Plus+Fixed Asset-LongTerm Liabilities = Net Worth in another word: (Current Asset+Fixed Asset)-(current Liability+Long Term Liability)= Net Worth Now you got it ?
"Capital" is the amount of resources provided by the owner, while liabilities are the amount of resources provided by the owner AND other people. Assets = Capital + Liabilities
difference between third party liability and public liability
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Difference between horse liability and stableman coverage
net working capital of bank is the difference of current asset and current liability of a bank.
In strict liability, there are certain defenses available whereas in absolute liability, there are none.
Capital stock is part of liability
difference between temporary and permanent working capital needs
The difference between employers liability and public liability are simple. Employer liability insurance covers only claims made by the employees against the company. Public liability covers claims against the company by the general public as well as third parties claims.