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Construct a Personal Balance Sheet from the Following Information

Question 28

Essay

Construct a personal balance sheet from the following information.Be sure the format is correct.(Show all work.)
 Cash on hand $500 Bank credit card balance 750 Taxes due 500 Utility bills (over due) 120 Auto loan balance 6,000 Mortgage 45,000 Primary residence 60,000 Jewelry 1,200 Stocks 6,000 Coin collection 2,500 2001 Toyota 7,500 Auto payment 250\begin{array} { l r } \text { Cash on hand } & \$ 500 \\\text { Bank credit card balance } & 750 \\\text { Taxes due } & 500 \\\text { Utility bills (over due) } & 120 \\\text { Auto loan balance } & 6,000 \\\text { Mortgage } & 45,000 \\\text { Primary residence } & 60,000 \\\text { Jewelry } & 1,200 \\\text { Stocks } & 6,000 \\\text { Coin collection } & 2,500 \\\text { 2001 Toyota } & 7,500 \\\text { Auto payment } & 250\end{array}

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