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Dana Shukrun had the following assets and liabilities as of November 1, 2022. Assets Liabilities Cash $5,900 Automobile $15,000 House $200,000 Contents of Home $4,700
Dana Shukrun had the following assets and liabilities as of November 1, 2022. Assets Liabilities Cash $5,900 Automobile $15,000 House $200,000 Contents of Home $4,700 Unpaid Accounts $2,800 Credit Card $900 Mortgage $120,000 Total $225,600 $123,700 Do not enter dollar signs or commas in the input boxes. a) What is Dana's opening net worth on November 1? $Answer b) The following activities occurred during the month of November. Paid $630 against the principal portion of credit card debt Received $2,200 in salary Paid $1,120 cash towards unpaid accounts Paid $130 cash for expenses Charged $670 in various expenses to the credit card Received a $640 cash gift from the family What is Dana's closing net worth after recording the above transactions? $A
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