Question

What is an assessment of what you own and what you owe?

Personal balance statement
Cash flow statement
Budget statement
Liability statement

Answer 1

The answer is "Personal balance statement".

A personal financial statement is a document that you may require as a component of the reports for a business credit proposition. This article clarifies what an individual budget report is, the reason it's useful as a component of your advance bundle, and how to set up a personal financial statement.

A personal financial statement is a document that demonstrates your own benefits and liabilities and your own total assets.

Answer 2

The term that is being referred above is the Personal Balance Sheet or Statement. This shows the result of your assessment as to what you own and what you can owe. This assessment aims to check your financial health and the status of your personal finances. Answer to this is the first option.