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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
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.
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