Your net worth and your equity in owned assets are the same basic concept.
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Q20: Jewelry,furniture,and computers are examples of personal property.
Q21: An income and expense statement deficit would
Q22: A budget is an orderly estimate of
Q23: The liquidity ratio is an indicator of
Q24: A family could have a positive savings
Q26: If you listed your gross salary in
Q27: Mary and Tom purchased their home for
Q28: If you obtain a loan to purchase
Q29: The balance sheet equation is assets plus
Q30: The income and expense statement is a
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