Based on the following data, determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. Balance Sheet and Cash Flow Items Rent for the month Cash in checking account Spending for food Current value of automobile Credit card balance. Auto insurance Home entertainment system Lunches/parking at work Computers Clothing purchase Balance Sheet and Cash Flows Total assets Total liabilities Net worth Total cash inflows Total cash outflows S S S 3,295 19,515 3,530 $1,350 1,000 790 8,620 295 311 2,770 220 2,370 Value of stock investment 199 Restaurant spending Monthly take-home salary. Savings account balance Balance of educational loan Telephone bill paid for month Loan payment Household possessions Payment for electricity Donations $ 3,530 2,470 3,000 80 136 4,300 183 126 1,280 135

Based on the following data, determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows. Balance Sheet and Cash Flow Items Rent for the month Cash in checking account Spending for food Current value of automobile Credit card balance. Auto insurance Home entertainment system Lunches/parking at work Computers Clothing purchase Balance Sheet and Cash Flows Total assets Total liabilities Net worth Total cash inflows Total cash outflows S S S 3,295 19,515 3,530 $1,350 1,000 790 8,620 295 311 2,770 220 2,370 Value of stock investment 199 Restaurant spending Monthly take-home salary. Savings account balance Balance of educational loan Telephone bill paid for month Loan payment Household possessions Payment for electricity Donations $ 3,530 2,470 3,000 80 136 4,300 183 126 1,280 135

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter10: Financial Statements And Reports

Section: Chapter Questions

Problem 1.6C

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