Bing Chomitz/CHAPTER 1 Financial Accounting in Your Personal Life / Chapter 1 Post Class Homework Take me to the text Using the opening balances provided in the balance sheets below, enter the updated amounts for each transaction in the blank balance sheets labelled Answers. Do not enter dollar signs or commas in the input boxes. 1. Akira received a bank loan of $5,400. Opening Balances Assets Liabilities Cash $4,500 Unpaid Accounts $1,800 Investment $7,600 Bank Loan $2,000 Contents of Home $5,400 Automobile Loan $4,600 Automobile $16,200 Student Loan $5,100 House $72,000 Mortgage $60,000 Total Liabilities $73,500 Net Worth $32,200 Total Assets $105,700 Liabilities + Net Worth $105,700 Quiz navigam mes