Does net assets include real estate?

Net assets include real estate. Net assets are the total assets minus total liabilities. Total assets include net investment value of real estate, deposits, stocks and bonds, cash value of household appliances and furniture, estimated value of intangible assets such as insurance policies and patents, etc. Total liabilities are debts owed to others, such as mortgage loans owed to banks, credit card overdraft debts, IOUs for borrowing money from others, things bought on credit, decoration money owed and so on. Total assets MINUS total liabilities are net assets, so family net assets include real estate. Personal net assets include:

1, citizens' lawful income, houses, savings, daily necessities, cultural relics, books and materials, trees, livestock and other lawful properties permitted by law, and the ownership of personal net assets belongs to citizens;

2. Net assets, that is, owners' equity, are the economic benefits enjoyed by the owners in the assets of the enterprise, indicating the property rights relationship of the enterprise;

3. Net assets (owner's equity) equals total assets minus total liabilities. Net assets (owner's equity) equals paid-in capital plus capital reserve plus surplus reserve plus undistributed profit;

4. Net assets are the net assets of the applicant, his spouse and children minus liabilities. Among them, assets include movable property and immovable property, such as deposits, stocks, bonds, automobiles and immovable property. In addition, the net assets also include the net assets of the company owned by the applicant.

Legal basis: Article 9 of the Regulations on Financial Accounting Reports of Enterprises.

A balance sheet is a statement that reflects the financial situation of an enterprise on a specific date. The balance sheet shall be presented by assets, liabilities and owners' equity (or shareholders' equity, the same below). Among them, the definition and listing of assets, liabilities and owners' equity shall meet the following requirements:

(1) Assets refer to resources formed by past transactions and events, which are owned or controlled by enterprises and are expected to bring economic benefits to enterprises. On the balance sheet, assets should be listed according to their liquidity classification, including current assets, long-term investments, fixed assets, intangible assets and other assets. If the assets of banks, insurance companies and non-bank financial institutions are special, they should be classified and itemized according to their nature;

(2) Liabilities refer to the current obligations formed by past transactions and events, and the fulfillment of this obligation is expected to lead to the outflow of economic benefits from the enterprise. On the balance sheet, liabilities should be listed according to their liquidity classification, including current liabilities and long-term liabilities. If the liabilities of banks, insurance companies and non-bank financial institutions are special, they should be classified and itemized according to their nature;

(3) Owner's equity refers to the economic benefits enjoyed by the owner in the assets of the enterprise, and the amount is the balance of assets minus liabilities. On the balance sheet, the owner's equity shall be itemized according to paid-in capital (or share capital), capital reserve, surplus reserve and undistributed profit.