The following is a partial balance sheet for Andy and Kim Garza. Complete the balance sheet by
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The following is a partial balance sheet for Andy and Kim Garza. Complete the balance sheet by determining their total assets, total current liabilities, long-term liabilities, and net worth.
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Balance Sheet Name(s): Andy and Kim Garza Date: December 31, 2012 Assets Liquid Assets Cash Checking Savings Total Liquid Assets: Investments Retirement funds, IRA Total Investments: Real Property Primary residence Total Real Property: Personal Property Honda Pilot Total Personal Property: $246.45 271.10 308.06 $1,188.75 $151,200.00 $11,000.00 $825.61 $1,100.75 $151,200.00 $11,000.00 Liabilities and Net Worth Current Liabilities Electric Water Insurance premiums Taxes Mortgage Auto MasterCard Total Current Liabilities: Long-Term Liabilities Primary residence mortgage Total Long-Term Liabilities: $437.93 187.68 312.81 1,050.00 777.76 938.42 813.29 $37,333.44 (2) Total Liabilities: Balance Sheet Name(s): Andy and Kim Garza Date: December 31, 2012 Assets Liquid Assets Cash Checking Savings Total Liquid Assets: Investments Retirement funds, IRA Total Investments: Real Property Primary residence Total Real Property: Personal Property Honda Pilot Total Personal Property: $246.45 271.10 308.06 $1,188.75 $151,200.00 $11,000.00 $825.61 $1,100.75 $151,200.00 $11,000.00 Liabilities and Net Worth Current Liabilities Electric Water Insurance premiums Taxes Mortgage Auto MasterCard Total Current Liabilities: Long-Term Liabilities Primary residence mortgage Total Long-Term Liabilities: $437.93 187.68 312.81 1,050.00 777.76 938.42 813.29 $37,333.44 (2) Total Liabilities:
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