A) Prepare a personal Cash Flow Statement and A personal Balance Sheet All utility bills for the month are unpaid, and therefore appear as a current liability (phone, cable, electricity, natural gas, water/sewer) Auto and mortgage payments have been paid for the month; note that he lists mortgage outstanding and auto loan outstanding to indicate the outstanding amount remaining to pay off each loan Other expenses, monthly represents cash spent without a receipt or other record to verify what was purchased Ashley charges everything on his credit cards and pays the balances off completely at the end of every month. Credit card bills represent his average monthly balance. The Auto Insurance, semi-annual premium amount is due this month. ITEM	AMOUNT
Stocks	5,154
Mutual funds	1,835
RRSP	4,467
Savings account	3,174
Chequing account	1,806
Home	274,378
Car	8,791
Furniture	5,661
Other personal property	1,638
Mortgage outstanding	166,697
Auto loan outstanding	4,289
Visa bill	1,327
Mastercard bill	559
Monthly paycheque, net	5,544
Mortgage payment, monthly	1,022
Phone bill	81
Cable bill	43
Car payment, monthly	407
Electricity bill	78
Natural gas bill	56
Water and sewer bill	48
Auto insurance, semi-annual	358
Food, monthly	381
Other expenses, monthly	294