Question: Problem 2-4 Preparing a Personal Balance Sheet [LO3] Use the following items to prepare a balance sheet and a cash flow statement. Determine the

Problem 2-4 Preparing a Personal Balance Sheet [LO3] Use the following items

Problem 2-4 Preparing a Personal Balance Sheet [LO3] Use the following items to prepare a balance sheet and a cash flow statement. Determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. (Omit the "$" sign in your response.) 1.070 Kent for the month $ Auto insurance $ 270 Monthly take-honn salary Cash in chequing account 3.730 Household poszerzon 3.990 1.310 Stereo equipment 2,450 Savings account balance Spending for food 1,970 Payment for electricity 158 1,250 Lunches/parking at work 245 Balance of educational loan 2.930 Donations 109 Current value of autonobile 8.030 Bone computer 1,800 Telephone bill paid for nonth 128 Value of stock investment 3.210 Credit card balance 299 Clothing purchase 140 Loan payment 146 Restaurant spending 154 Picture Click here for the Excel Data File Total assets $ Total liabilities $ Net worth $ Total cash inflows $ Total cash outflow $

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