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Brenda created this personal balance sheet. Brenda’s Balance Sheet Assets Liabilities jewelry food wages health insurance commission rent bank account tips Total Total Brenda says her assets are definitely
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Brenda created this personal balance sheet. Brenda’s Balance Sheet Assets Liabilities jewelry food wages health insurance commission rent bank account tips Total Total Brenda says her assets are definitely greater than her liabilities. Which explains whether Brenda is correct?

User Ashwin G
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6.3k points

2 Answers

5 votes

Answer: C

Explanation:

User Russellsayshi
by
7.2k points
6 votes

Answer:

Brenda is not correct because the total value of her assets could be less than the liabilities.

Explanation:

User Gaurav Ramanan
by
7.2k points
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