Question: Based on the following data, determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. Balance Sheet and Cash Flow
Based on the following data, determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows.
Balance Sheet and Cash Flow Items
Rent for the month $ Monthly takehome salary $
Cash in checking account Savings account balance
Spending for food Balance of educational loan
Current value of automobile Telephone bill paid for month
Credit card balance Loan payment
Auto insurance Household possessions
Home entertainment system Payment for electricity
Lunchesparking at work Donations
Computers Value of stock investment
Clothing purchase Restaurant spending
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