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Unformatted text preview: 800 House (if owned) 0 Furniture 100 Auto (if owned) 1,500 Total property and equipment TOTAL ASSETS 7,000 LIABILITIES AND NET ASSETS LIABILITIES Current liabilities Credit Card Balance 0 Total current liabilities 0 School Loan 10,000 House Loan 0 Car Loan 0 Total liabilities 10,000 NET ASSETS 2,564 Equity TOTAL LIABILITIES AND NET ASSETS 2,000...
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- Fall '10
- Balance Sheet, Generally Accepted Accounting Principles, Liabilities Current Liabilities, Total assets LIABILITIES, net House