I need help with my accounting problem. I need to set up a balance sheet. I have attached the assignment. All the numbers on the sheet have been changed to make it my balance sheet.

Overview In this module, you will have the opportunity to prepare a personal balance sheet and discuss where you feel you can make improvements. A household is a small business to some extent, and many of the same important financial management practices that apply to a business setting can also be applied to the household setting. Instructions Refer to \"All About You\" (BYP4-8) at the end of Chapter 4. Prepare your own personal balance sheet based on the format that you learned about in this chapter. You may use the same categories provided in BYP4-8 or create your own. Be sure to use fabricated numbers to protect your privacy. Comment on two categories and discuss how you could make changes to improve your financial position. Comment on the personal balance sheets of at least two of your peers. BYP4-8. All About You Companies prepare balance sheets in order to know their financial position at a specific point in time. This enables them to make a comparison to their position at previous points in time, and gives them a basis for planning for the future. In order to evaluate your financial position, you need to prepare a personal balance sheet. Assume that you have compiled the following information regarding your finances. (Hint: Some of the items might not be used in your personal balance sheet.) Amount owed on student loan balance (long-term) Balance in checking account Certificate of deposit (6-month) Annual earnings from part-time job Automobile Balance on automobile loan (current portion) Balance on automobile loan (long-term portion) Home computer Amount owed to you by younger brother Balance in money market account Annual tuition Video and stereo equipment Balance owed on credit card (current portion) Balance owed on credit card (long-term portion) 10,000$ 1,000 3,000 5,000 3,000 500 2,000 1,500 500 2,000 6,400 3,000 20 100 Instructions Prepare a personal balance sheet using the format you have learned for a classified balance sheet for a company. For the capital account, use Owner's Capital