Question: x Ch 02: Assignment - Using Financial Statements and Budgets A-Z Balance Sheet Name(s): Jim and Jane Huang Date: December 31, 2012 Assets Liquid Assets
x Ch 02: Assignment - Using Financial Statements and Budgets A-Z Balance Sheet Name(s): Jim and Jane Huang Date: December 31, 2012 Assets Liquid Assets Cash $221.10 Checking 243.21 Savings 276.38 Total Liquid Assets Liabilities and Net Worth Current Liabilities Electric 5437.93 Water 187.68 312.81 Insurance premium $740.60 1,050.00 Taxes Mortgage 772.78 Auto 93842 813.29 Investments Retirement funds, IRA Total Investments: $1,063.13 $ 51,063.13 Real Property MasterCard Total Current Liabilities: Long-Term Liabilities Primary residence mortgage Total Long-Term Liabilities Primary residence 5151,200.00 337,333.44 Total Rent Property 5151,200.00 Personal Property Honda $11,24750 10:52
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