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Unformatted text preview: House (if owned) Furniture 4,500 Auto (if owned) Total property and equipment 4,500 TOTAL ASSETS 10,521 LIABILITIES AND NET ASSETS LIABILITIES Current liabilities Credit Card Balance 250 Total current liabilities 250 School Loan 6,500 House Loan Car Loan 24,000 Total liabilities 31,000 NET ASSETS (20,479) Equity TOTAL LIABILITIES AND NET ASSETS 10,521...
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- Spring '10
- Balance Sheet, Generally Accepted Accounting Principles, Liabilities Current Liabilities, net House