Stated simply, a net asset is assets less liabilities. Net assets also are called funds. Instead of showing retained earnings or owner's equity, the non-profit financial statements show net assets. Businesses classify net assets in three categories: unrestricted, temporarily restricted and permanently restricted.
Darwin was named after naturalist Charles Darwin, because the harbour on which Darwin lies was found in 1839 by John Stokes, surveyor aboard the ship HMS Beagle - which was thâ¦e ship on which Charles Darwin sailed.
The first ship to circumnavigate the world was the Victoria. It was  a part of Ferdinand Magellan's expedition in 1519. It was commanded  by Magellan until he died in 1521 iâ¦n the Philippines. After  Magellan's death, it was commanded by Juan Sebastian Elcano, who  completed the voyage in Europe in 1522.