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Accounting Glossary: Net Worth

Our accounting and bookkeeping Terms glossary has definitions to over 150
accounting (accouting) and bookkeeping terms or tax terms.

Use this accounting resource to improve your accounting knowledge and bookkeeping understanding. All of these accounting terms have been reviewed and are written so they can be understood for a wide range of accountants, bookkeeppers, cpas professionals.

Please pick a letter to proceed to the terms associated with that letter.

ABCDEFGHIJKLMNOPQRSTUVWXYZ
Net earnings
Net Income
Net Loss
Net Sales
Net Worth:
It is also called equity or capital. Net worth or equity is the difference between total liabilities and total assets. For example, if total assets of a sole proprietorship is $500,000 and total liabilities is $350,000, the total net worth would be $150,000. In a corporation, net worth or stockholders equity consists of capital stock, capital surplus, and retained earnings (earned surplus).
Noncapital asset
Notes Payable
Notes Payable-Short Term
Notes Receivable


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