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Posted on 7/31/13 at 5:54 pm to EventHorizon
quote:
Assets - Debts = Net Worth
the proper balance sheet equation is actually: assets = debts + net worth
This post was edited on 7/31/13 at 5:56 pm
Posted on 7/31/13 at 6:04 pm to aaronb023
quote:
assets = debts + equity
but who's really keeping score. it all balances no matter what you put on each side of the equation.
Posted on 7/31/13 at 6:15 pm to southernelite
I know...I was hoping to blow someone's mind 
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