Use the following to create a balance sheet

• You have $1250 in your checking account.
• You have $1750 in your savings account.
• You purchased a computer last summer and it is valued at $500.
• You received a graduation gift of a watch and it is valued at $300.
• You purchased new furniture for your apartment. It is valued at $1,000 but you still owe $400.
• Your car is valued at $5,000 but you still owe $1,500.
• You owe $300 on a credit card.
• You have put $1,000 into a Roth IRA.
• You participate in your employers 401k program. You have saved $5,000.
• You needed a root canal procedure at your dentist office. You owe $400.
• You just cashed your income tax refund of $1,000.
• You purchased a flat-screen TV that is valued at $500.
• You have $75 in cash.
• You have a student loan balance of $20,000.
• You purchase a condo for $60,000 and you owe $45,000.
• You and your best friend move into your new condo. They just paid you $450 cash for monthly rent and utilities.