Transaction Purchased a new TV for $1,200 on credit. 1) Purchased $118 worth of gas on credit. 2) Made a $1,030 car loan payment. 3) Purchased a chandelier for $830 cash. Assets 1200 4) Prepaid three months of insurance with $480 cash. 5) Received a cash gift of $810. 6) Used up one of three months of prepaid insurance. 7) Paid interest of $52, in cash, on the car loan. 8) Received a utility bill for $75. Liabilities Net Worth 1200