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John Jones is a working at a law firm. His salary recently increased and he would like to keep track of his net worth. John has gathered the following information to help you track his net worth. Assume opening net worth for November 30 is $380. Cash Automobile Credit Card Bills Automobile Loan Salary Food Expense Entertainment Expense Rent Expense November 30, 2016 December 31, 2016 January 31, 2017 $7,330 $12,830 $18,830 $13,000 $13,000 $1,300 $1,000 $11,500 $11,000 $9,500 $9,500 $1,620 $200 $880 $13,000 $1,500 $12,000 $9,100 $1,570 $200 $880 $2,290 $130 $880 Required Complete the table below. Opening Net Worth Surplus (Deficit) Closing Net Worth November 30, 2016 December 31, 2016 January 31, 2017 | John Jones is a working at a law firm. His salary recently increased and he would like to keep track of his net worth. John has gathered the following information to help you track his net worth. Assume opening net worth for November 30 is $380. Cash Automobile Credit Card Bills Automobile Loan Salary Food Expense Entertainment Expense Rent Expense November 30, 2016 December 31, 2016 January 31, 2017 $7,330 $12,830 $18,830 $13,000 $13,000 $1,300 $1,000 $11,500 $11,000 $9,500 $9,500 $1,620 $200 $880 $13,000 $1,500 $12,000 $9,100 $1,570 $200 $880 $2,290 $130 $880 Required Complete the table below. Opening Net Worth Surplus (Deficit) Closing Net Worth November 30, 2016 December 31, 2016 January 31, 2017 |
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November 30 2016 Total assets 7330 cash 13000 automobile 20330 Total liabilities 1500 credit card bi... View the full answer
Related Book For
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey
Posted Date:
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