Create a hypothetical balance sheet for yourself where you project what you want to be worth in ten years by projecting your assets, your liabilities, and your equity.

Your 1-2 page paper should include:

• An introductory paragraph that includes the accounting equation.
• A separate paragraph for each component of the balance sheet
  • List things you want to own in the asset paragraph.
  • List your projected debts, including a mortgage, student loans, etc., in the liabilities paragraph.
  • Explain your equity in a separate paragraph
• A summary paragraph to conclude your findings
• Include sources of online research to add credibility to your presentation.