Bought a motorcycle for $$8,200.$ Paid a $$1,400$ deposit with cash and Opening Balances

Assets

Liabilities

Cash

$$4,800$

Unpaid Accounts

$$1,900$

Motorcycle

Bank Loan

$$2,000$

Contents of Home

$$5,300$

Automobile Loan

$$5,900$

Automobile

$$18,800$

Student Loan

$$7,000$

House

$$89,300$

Mortgage

$$42,600$

Total Liabilities

$$59,400$

Net Worth

$$58,800$

Total Assets

$$118,200$ Liabilities $+$ Net Worth $$118,200$