Balance Sheet – Tells you where you are Problem 3 -- Worksheet 2.1 Names(s) Denise Fisher Assets Liquid Assets: Cash on hand $ Cash in checking Savings accounts Money market funds and deposits Certificates of deposit <1 yr to maturity Total Liquid Assets
Balance Sheet Date
70.00 150.00
650.00
$
Investments Stocks
$ 3,000.00
Bonds
500.00
Certificates of deposit <1 yr to maturity Mutual funds Real estate Retirement funds, IRA Other Total Investments Real Property Primary residence Second home Other Total Real Property Personal Property Autos Autos Recreational vehicles Household furnishings Jewelry and artwork Other Other Total Personal Property Total Assets
30-Jun-16 Liabilities and Net Worth Current Libaiblities Utilities $ 90.00 Rent Insurance premiums 220.00 Taxes 400.00 Medical/dental bills Repair bills
870.00 Bank credit card balances Department store credit card balances Travel and entertainment card balances Gas and other credit balances
400.00 190.00
Bank line of credit balances Other current liabilities
$ 68,000.00
$ 9,775.00
Total Current Liabilities Long-term Liabilities Primary residence mortgage $ 52,000.00 $ 3,500.00 Real estate investment mortgage Autos loans 3,000.00 Applicance/furniture loans 500.00 Home improvement loans $ 68,000.00 Single-payment loans Education loans Margin loans used to purchse securities Other long-term liabilities
1,050.00
$
1,300.00
Total Long-Term Liabilities
$ 55,500.00
Total Liabilities
$ 56,800.00
$ 11,725.00
Net Worth
$ 27,295.00
$ 84,095.00
Total Liabilities and Net Worth $ 84,095.00
900.00
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