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19. Define the surplus and deficit and from which financial statement you get these values. 20. Write the equation that defines Net worth. amor s

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19. Define the surplus and deficit and from which financial statement you get these values. 20. Write the equation that defines Net worth. amor s lo suls srl ni 9269 A EL moltsbangga (s noss90 (d noomA 5 vilup (b donotongniwollol or at l 21. What are your fixed expenses and variable expenses? 22. What is the current assets consisted of? 23. What is the current Liabilities consisted of? 24. Henry is married to Lillian, and they have two dependent children. Henry can legally file using which of the following filling status? a. Single b. Married filing jointly c. Head of House hold d. Qualifying widower e. Any of the above 25. _Pet and Pam are married with four independent children. Pet and Pam can legally file using the following filing status? a. Married filing separately b. Married filing jointly c. Head of house hold d. A or b _Mandi and Thomas were married and had one child, age 7. Mandi died 2013 leaving Thomas a single parent. In 2014, the most favorable filing status for Thomas would be a. Single b. Married filing separately c. Head of house hold d. Qualifying widow(er) e. Any of the above

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