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$500 7,200 1,800 125 6,000 600 Income tax refund Apartment rent paid Utilities bills paid during the year Unpaid telephone and utility bills Value of

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$500 7,200 1,800 125 6,000 600 Income tax refund Apartment rent paid Utilities bills paid during the year Unpaid telephone and utility bills Value of her 2003 Honda Civic Car insurance premium paid this year Gas and other transportation expenses paid Amount spent on clothing Value of furniture Appraised value of jewelry Student loan payments made Balance of student loan unpaid Amount spent on food Amount spent on entertainment ATM withdrawals (don't know what for) Cost of skiing vacation taken Balance owed on Visa card Extra payments made on credit card this year Value of 403(b) retirement account Checking account balance Savings account balance Interest earned on savings account 1,200 2,400 3,500 3,500 1,200 4,500 3,000 1,800 2,400 1,000 1,450 1,000 2,500 750 1,200 60 Circle one ALIE ALIE ALIE ALIE ALIE ALIE ALIE ALIE ALIE ALIE ALIE ALIE ALIE ALIE ALIE ALIE ALIE ALIE ALIE ALIE ALIE ALIE 1) Determine whether each of the above is an Asset, Liability, Income or Expense and

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