Business, 19.09.2019 17:10 bm42400

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. balance sheet and cash flows rent for the month $ 1,030 monthly take-home salary $ 2,850 cash in checking account 1,020 savings account balance 2,360 spending for food 470 balance of educational loan 2,970 current value of automobile 8,490 telephone bill paid for month 85 credit card balance 301 loan payment 163 auto insurance 240 household possessions 3,470 stereo equipment 3,140 payment for electricity 144 lunches/parking at work 199 donations 135 home computer 2,220 value of stock investment 1,080 clothing purchase 157 restaurant spending 227

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