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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Net assets
Hello sir,
In the calculation of Net assets, how do I exactly treat Long term liabilities like Bank Loans, Debentures, Bonds , short term liabilities and Redeemable and Irredeemable Preference Shares ??
Are they part of Net assets ?
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Net assets = assets minus liabilities.
All the items that you have listed are liabilities.
