Question

Anna is creating a personal balance sheet. She plans to list these items.

Bank Account
Jewelry

Health Insurance

Rent


Which statements about the balance sheet are correct? Check all that apply.

Answer 1

Health insurance, rent,and bank account

Answer 2

Health insurance, and rent are listed in the liabilities column of the balance sheet.

Anna will find the total value of her jewelry and bank account.

She will subtract the value of the assets and the value of the liabilities.

Step-by-step explanation:

Anna has in her balance sheet the different things that she ownes and owes, in that regard she will have to put health insurance and rent in the liailites and jewelry and bank account she will put in the assets column, from withdrawing from the assets the liabilites she is able to find the net worth.