I am doing the balance sheet for 12/31/2014 I am finding difficulties calculating the net worth, mortage balance and auto loans
Case Data Balance Sheet Balance Sheet Items (as of 12/31/2015) 12/31/2015 Checking Account Balance Savings Account Balance 401 (k) Balance- Wilma 401 (k) Balance- Fred 529 Pan Balance House Value Automobile Value-wilma Automobile Value Fred Jewelry Value Furniture Value Credit Cards Balance Next Year's Mortgage Payment due- Principal Next Year's Auto Loan Payments-Principal Mortgage Balance on House Auto Loan Balance Checking Account $3,000 $3,750 $3,000 $3,750 $52,500 $57,250 $2,500 $215,000 $19,500 $17,500 dit Card Balance $10,900 Next Year's Auto Loan Payment Principal Next Year's Mortage Payment due Principal$23,500 Total Current Liabilities Total Current Assets 10% 1(k) Plan 529 Plan Balance 109,750 Mortgage Balance on House Auto Loans Total LongTm Liabilities $186,000 Total Investment Assets $208,550 55% $215,000 $9,750 $19,500 $17,500 Net Worth 132,850 35% $7,250 $10,900 Personal Residence Furniture, Jewerly Wilma Auto Fred Total Personal Use Assets $209,500 $261,750| 69% Total Liabilities Net Worth 380,750 Total Assets 80,750 Balance Sheet Items (as of 12/31/2014) Investment Assets Total Assets Net Worth $105,800 $375,800 $130,200 Balance Sheet 12/31/2014 Checking Account Savings Total Current Assets $3,000 $3,750 $10,900 dit Card Balance Next Year's Auto Loan Payment Principal Next Year's Mortage Payment due Principal$23,500 Total Current Liabilities $6,750 $39,350 $109,750 529 Plan Balance Mortgage Balance on House Auto Loans Total Long Term Liabilities Total Investment Assets $105,800| 28% Personal Residence Net Worth $130,200 $9,750 $19,500 $17,500 Furniture, Jewerly Total Personal Use Assets Total Liabilities +Net Worth 169,550 Total Assets $375,800 Case Data Balance Sheet Balance Sheet Items (as of 12/31/2015) 12/31/2015 Checking Account Balance Savings Account Balance 401 (k) Balance- Wilma 401 (k) Balance- Fred 529 Pan Balance House Value Automobile Value-wilma Automobile Value Fred Jewelry Value Furniture Value Credit Cards Balance Next Year's Mortgage Payment due- Principal Next Year's Auto Loan Payments-Principal Mortgage Balance on House Auto Loan Balance Checking Account $3,000 $3,750 $3,000 $3,750 $52,500 $57,250 $2,500 $215,000 $19,500 $17,500 dit Card Balance $10,900 Next Year's Auto Loan Payment Principal Next Year's Mortage Payment due Principal$23,500 Total Current Liabilities Total Current Assets 10% 1(k) Plan 529 Plan Balance 109,750 Mortgage Balance on House Auto Loans Total LongTm Liabilities $186,000 Total Investment Assets $208,550 55% $215,000 $9,750 $19,500 $17,500 Net Worth 132,850 35% $7,250 $10,900 Personal Residence Furniture, Jewerly Wilma Auto Fred Total Personal Use Assets $209,500 $261,750| 69% Total Liabilities Net Worth 380,750 Total Assets 80,750 Balance Sheet Items (as of 12/31/2014) Investment Assets Total Assets Net Worth $105,800 $375,800 $130,200 Balance Sheet 12/31/2014 Checking Account Savings Total Current Assets $3,000 $3,750 $10,900 dit Card Balance Next Year's Auto Loan Payment Principal Next Year's Mortage Payment due Principal$23,500 Total Current Liabilities $6,750 $39,350 $109,750 529 Plan Balance Mortgage Balance on House Auto Loans Total Long Term Liabilities Total Investment Assets $105,800| 28% Personal Residence Net Worth $130,200 $9,750 $19,500 $17,500 Furniture, Jewerly Total Personal Use Assets Total Liabilities +Net Worth 169,550 Total Assets $375,800
