Question: Develop a balance sheet based on your personal financial condition: Use actual accounts, such as house, mortgage, accounts payable, etc. Do not use actual amounts

    • Develop a balance sheet based on your personal financial condition:
      • Use actual accounts, such as house, mortgage, accounts payable, etc.
      • Do not use actual amounts but invent numbers.
      • Use the layout as described in the chapter, see page 1-20.
      • Post your balance sheet to the discussion area and tell us what, if anything, surprised you. Also, indicate how you would like this to look ten years from now.

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