It certainly will. Your net worth is your Equity = Assets - Liabilities.
The purpose of the arrangement of the accounting Equation in its usual form Assets=Liabilities + Equity though is to define which accounts have debit balances (Assets) and which have credit balances (Liabities and Equity). In that form, it has nothing to do with the calculation of net worth. On Sat, 2025-08-16 at 14:52 +0000, David G. Pickett via gnucash-user wrote: > I look on it as: > Net Worth = Equity + Assets - Liabilities > where Equity is softer assets like the value of a business if sold, > but Assets are solidly accounted balances owed to you. Of course, a > negative Liability is as good as a positive Asset, but accounts are > stuck with their category as Asset or Liability with an assumed sign > against Net Worth. > > I am sure this will upset the properly trained accountants! > _______________________________________________ > gnucash-user mailing list > [email protected] > To update your subscription preferences or to unsubscribe: > https://lists.gnucash.org/mailman/listinfo/gnucash-user > ----- > Please remember to CC this list on all your replies. > You can do this by using Reply-To-List or Reply-All. _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
