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Use the following items to prepare a balance sheet and a cash flow statement. Determine the total assets, total liabilities, net worth, total cash inflows,
Use the following items to prepare a balance sheet and a cash flow statement. Determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows Balance Sheet and Cash Flows Rent for the month Cash in checking account Spending for food Current value of automobile Credit card balance Auto insurance Stereo equipment Lunches/parking at work Home computer Clothing purchase $1,390 Monthly take-home salary $3,920 2,770 3,050 85 143 3,510 189 116 1,160 223 1,340 Savings account balance 1,110 Balance of educational loan 8,020 Telephone bill paid for month 334 Loan payment 321 Household possessions 204 Donations 139 Restaurant spending 3,320 Payment for electricity 2,490 Value of stock investment Balance Sheet and Cash Flows Total assets Total liabilities Net worth Total cash inflows Total cash outflows Use the following items to prepare a balance sheet and a cash flow statement. Determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows Balance Sheet and Cash Flows Rent for the month Cash in checking account Spending for food Current value of automobile Credit card balance Auto insurance Stereo equipment Lunches/parking at work Home computer Clothing purchase $1,390 Monthly take-home salary $3,920 2,770 3,050 85 143 3,510 189 116 1,160 223 1,340 Savings account balance 1,110 Balance of educational loan 8,020 Telephone bill paid for month 334 Loan payment 321 Household possessions 204 Donations 139 Restaurant spending 3,320 Payment for electricity 2,490 Value of stock investment Balance Sheet and Cash Flows Total assets Total liabilities Net worth Total cash inflows Total cash outflows
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