Bellsroarmusic

The Guide To Spreadsheet Templates In Everything

0 Formidable Net Worth Statement

Once you have your financial data recorded for two broad heads that is Assets and Liabilities, you can quickly calculate the net worth of an individual.

Personal financial statement provides a realistic listing of the assets we own and the debts we owe. Net worth statement should only be used to record the details of personal assets and liabilities. The business assets or liabilities details should not be added into the net worth statement. The amount entered for calculating the assets valuation should include the exact value that you would earn on selling the asset in the market.



You can records the Name of the individual whose statement we are preparing and the Date when prepared it. Country specific settings allow us to select a currency type from the drop down menu. The sheet has two broad categories of financial information:

Assets: what you own
Liabilities: what you owe

Cash & Bank Accounts: details of cash in hand, cheque accounts, savings account, money market funds, cash value of life insurance, etc.
Investments (Market value): details of certificates of deposit, stocks, bonds, mutual funds, annuities, pension plans, etc.
Personal Property (Present value): details of automobiles, home furnishing, appliance, furniture, collections, jewellery, etc

Liabilities

Current Debts: stores record of debts like household, medical, credit card, bank taxes, legal, etc.
Mortgage: details of any kind of mortgage debts like home, land, etc.
Loans: value of debts like bank loans, automobile loan, education loan, life insurance loan, personal loan, etc.

Total for each sub-categories is calculated separately in the statement, this helps to analyze the category which needs some financial revamping. The Net Total Assets amount is displayed below the assets table and the Net Liabilities amount is displayed under the Liabilities Table.

Template automatically calculates the Net worth statement by calculating the difference between the Total Assets and the Total Liabilities. Whenever any financial institute asks for your net worth statement simply print the page and sign it under before dispatching the statement to the concerned department. By signing we pledge that the data of the sheet is updated and correct.

Trending Articles Similar to Net Worth Statement

Personal Finance Spreadsheet Templates Excel

personal finance spreadsheet templates excelApr 07, 2021 | root

Free Inventory Spreadsheet Template

free inventory spreadsheet templateApr 06, 2021 | root

Excel Spreadsheet Templates Horse Race Handicapping

excel spreadsheet templates horse race handicappingApr 07, 2021 | root

Budgeting Spreadsheet Template

budgeting spreadsheet templateApr 06, 2021 | root
Small Business Inventory Spreadsheet Template
small business inventory spreadsheet templateApr 04, 2021 | root
Microsoft Excel Spreadsheet Templates
microsoft excel spreadsheet templatesApr 09, 2021 | root


Related Posts to Net Worth Statement

Personal Finance Spreadsheet Template

Read More

Labor Tracking Spreadsheet Templates

Read More

Workout Spreadsheet Template

Read More

Free Inventory Spreadsheet Template

Read More

Expenses Spreadsheet Template

Read More

Budgeting Spreadsheet Template

Read More

Goodwill Donation Spreadsheet Template 2017

Read More

Statistics Spreadsheet Templates

Read More
Free Budget Spreadsheet Templates
Read More
Financial Planning Spreadsheet Templates
Read More

Leave Your Reply on Net Worth Statement

User Favorite

Simple Invoice Template
Simple Invoice Template
Free Invoice Template For Excel
Free Invoice Template for Excel

Recent Posts

Categories

Monthly Archives

Tag Cloud

About  ♦ Contact  ♦ Cookie Policy  ♦ Privacy  ♦ Sitemap
Copyright © 2019. Bellsroarmusic. All Rights Reserved.


Any content, trademark/s, or other material that might be found on this site that is not this site property remains the copyright of its respective owner/s. In no way does LocalHost claim ownership or responsibility for such items and you should seek legal consent for any use of such materials from its owner.