Question
36. Krystal and Mark Dixon are recent college graduates. They recently used $10,000 from their savings to purchased a used car valued at $15,000, leaving
36. Krystal and Mark Dixon are recent college graduates. They recently used $10,000 from their savings to purchased a used car valued at $15,000, leaving a balance of $3,000 in their savings account; they borrowed money from the credit union to finance the balance for the car. Krystal and Mark have $2,000 in their checking account and personal items valued at $2,000. They owe $5,000 on student loans and $1,000 on credit cards. Mark owns Amazon common stock worth $4,000 and Krystal owns a $1,000 personal computer. Prepare a simple balance sheet an
Prepare a simple balance sheet and calculate the net worth for the Dixons.
THE DIXONs BALANCE SHEET
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