3.5.3 Statement_of_Financial_Position_Note_Taking_Guide (1).doc - Page | 13 2.2.3.L1 Statement of Financial Position Note Taking Guide Total Points

3.5.3 Statement_of_Financial_Position_Note_Taking_Guide (1).doc

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Page | 13 2.2.3.L1 Name Date Class Statement of Financial Position for: Date: Assets Monetary assets Cash on hand Value of checking account and savings account Other: Subtotal of monetary assets $ Tangible Assets Market value of home Market value of household furnishings Market value of automobile Market value of electronics Market value of clothing Other: Subtotal of tangible assets $ Investment Assets Value of investments Other: Subtotal of investment assets $ Total Assets $ Liabilities Home mortgage balance Installment loan balance for automobile Student loan balance Credit card balance Money owed to others Other: Total Liabilities $ Net Worth = Total Assets Total Liabilities $ © Take Charge Today – August 2013 – Statement of Financial Position Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute at The University of Arizona Statement of Financial Position Note Taking Guide What is net worth? What is the
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  • Fall '13
  • Tamara Wrighton
  • net worth, Financial Position

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