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Construct a Personal Balance Sheet from the Following Information

Question 158

Essay

Construct a personal balance sheet from the following information.Be sure the format is correct.(Show all work.)
 Cash on hand $75 Bank credit card balance 1,200 Utility bill (over due) 100 Auto loan balance 3,500 Mortgage 75,000 Primary residence 105,000 Jewelry 2,000 Stocks 17,500 Coin collection 2,500 2001 Toyota 7,500\begin{array} { l r } \text { Cash on hand } & \$ 75 \\\text { Bank credit card balance } & 1,200 \\\text { Utility bill (over due) } & 100 \\\text { Auto loan balance } & 3,500 \\\text { Mortgage } & 75,000 \\\text { Primary residence } & 105,000 \\\text { Jewelry } & 2,000 \\\text { Stocks } & 17,500 \\\text { Coin collection } & 2,500 \\\text { 2001 Toyota } & 7,500\end{array}

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