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Joshua and Tiffany have a net worth of $25,000 and total assets of $140,000. They have credit card and other monthly bills of $2,200. You

Joshua and Tiffany have a net worth of $25,000 and total assets of $140,000. They have credit card and other monthly bills of $2,200. You are preparing their Balance Sheet. What are their total liabilities?

On an income and expense statement covering January 1 to June 30, Which one of the following would not be included as income.

wages and salaries received in that six months

interest received on June 30

auto sold with payment received May 15

inheritance granted in April, to be paid in September

income tax refund received April 14

You put $2,000 into an account every year for 10 years. You earn 7% compounded annually. How much money will you have after 10 years?

$40,000

$24,863

$27,633

$25,388

$32,860

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