Construct a personal balance sheet from the following information.Be sure the format is correct.(Show all work.)
$$\begin{array} { l r }
\text { Cash on hand } & \$ 500 \
\text { Bank credit card balance } & 750 \
\text { Taxes due } & 500 \
\text { Utility bills (over due) } & 120 \
\text { Auto loan balance } & 6,000 \
\text { Mortgage } & 45,000 \
\text { Primary residence } & 60,000 \
\text { Jewelry } & 1,200 \
\text { Stocks } & 6,000 \
\text { Coin collection } & 2,500 \
\text { 2001 Toyota } & 7,500 \
\text { Auto payment } & 250
\end{array}$$

Question

Construct a personal balance sheet from the following information.Be sure the format is correct.(Show all work.)
 $$\begin{array} { l r } 
\text { Cash on hand } & \$ 500 \
\text { Bank credit card balance } & 750 \
\text { Taxes due } & 500 \
\text { Utility bills (over due) } & 120 \
\text { Auto loan balance } & 6,000 \
\text { Mortgage } & 45,000 \
\text { Primary residence } & 60,000 \
\text { Jewelry } & 1,200 \
\text { Stocks } & 6,000 \
\text { Coin collection } & 2,500 \
\text { 2001 Toyota } & 7,500 \
\text { Auto payment } & 250
\end{array}$$

Quizplus · Accepted Answer

The Answer of Construct a personal balance sheet from the following information.Be sure the format is correct.(Show all work.)
 $$\begin{array} { l r } 
\text { Cash on hand } & \$ 500 \
\text { Bank credit card balance } & 750 \
\text { Taxes due } & 500 \
\text { Utility bills (over due) } & 120 \
\text { Auto loan balance } & 6,000 \
\text { Mortgage } & 45,000 \
\text { Primary residence } & 60,000 \
\text { Jewelry } & 1,200 \
\text { Stocks } & 6,000 \
\text { Coin collection } & 2,500 \
\text { 2001 Toyota } & 7,500 \
\text { Auto payment } & 250
\end{array}$$

Construct a Personal Balance Sheet from the Following Information