Net worth is the difference between _____________.

Total assets and total liabilities

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Total assets and external liabilities

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Total liabilities and current assets

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Total assets and current liabilities

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Solution

The correct option is B Total assets and external liabilities
Accounting Equation:

Owners Equity+External liabilities=Total Assets
Owners Equity=Net Worth

Hence,
Total Assets-External Liabilities=Net Worth

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Net worth is the difference between _____________.

The correct option is B Total assets and external liabilitiesAccounting Equation:Owners Equity+External liabilities=Total AssetsOwners Equity=Net WorthHence,Total Assets-External Liabilities=Net Worth

The correct option is B Total assets and external liabilities
Accounting Equation:

Owners Equity+External liabilities=Total Assets
Owners Equity=Net Worth

Hence,
Total Assets-External Liabilities=Net Worth