HSM-260 wk 2 CORRECTED personal balance

HSM-260 wk 2 CORRECTED personal balance - $- Total Current...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
AXIA COLLEGE MATERIAL: APPENDIX C Anna Borsick- AED-202- 11/20/11- Marilyn Walke $- INDIVIDUAL STATEMENT OF EARNINGS (OR THE STATEMENT OF ACTIVITES) (Previous 6 months) Revenue Pay Check $4,779.24 Interest $0.12 Total Revenue = $4,779.36 Expenses Rent or Mortgage $882.00 Utilities $66.00 Gas $90.00 Telephone $270.00 Food $600.00 Other $360.00 Total Expenses = $2,268.00 Excess of Revenues Over Expenses= $2,511.36 STATEMENT OF FINANCIAL POSITION (OR THE BALANCE SHEET) Assets Current assets: Cash $94.00 Investments $100.00 Prepaid rent and deposits
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: $- Total Current Assets = $194.00 Property and equipment, net: House (if owned) $- Furniture $2,400.00 Auto (if owned) $1,500.00 Total property and equipment = $3,900.00 $6,705.36 $4,094 Liabilities Current liabilities: Total Credit Card Balance $- Noncurrent Liabilities: School Loan $19,000.00 House Loan $- Car Loan $- 19,00.00 $19,000.00 Net Assets Net Assets = Total Assets - Total Liabilities $14,562.64 ($14,906) Total of all Assets = Total of all Liabilities =...
View Full Document

Ask a homework question - tutors are online