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Bre’anna has $1,125 in her checking account, owes $800 on her credit card, and has a car worth $3,500 that is paid off. What are the total amounts of Bre’anna’s assets, liabilities and net worth (may be
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Bre’anna has $1,125 in her checking account, owes $800 on her credit card, and has a car worth $3,500 that is paid off. What are the total amounts of Bre’anna’s assets, liabilities and net worth (may be negative)?

User Leaudro
by
8.5k points

1 Answer

6 votes
Assets:

Cash in bank: 1125
Car: 3500

Liabilities:

Credit card 800

1125 + 3500 - 800

Answer: 3825
User Neomib
by
8.3k points
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