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.)
$$\begin{array} { l r } \text { Cash on hand } & \$ 500 \\\text { Bank credit card balance } & 750 \\\text { Taxes due } & 500 \\\text { Utility bills (over due) } & 120 \\\text { Auto loan balance } & 6,000 \\\text { Mortgage } & 45,000 \\\text { Primary residence } & 60,000 \\\text { Jewelry } & 1,200 \\\text { Stocks } & 6,000 \\\text { Coin collection } & 2,500 \\\text { 2001 Toyota } & 7,500 \\\text { Auto payment } & 250\end{array}$$

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Definitions:

Energy Therapy

A form of complementary and alternative medicine aimed at healing the body and mind through manipulating energy fields.

Rebirthing Therapy

A breathing technique that aims to release suppressed traumas by simulating rebirth.

Psychological Disorders

Mental disorders characterized by patterns of thought, feeling, or behavior that are disruptive, distressing, and diverge from cultural norms.

Placebos

Substances or treatments that have no therapeutic effect, used as a control in testing the efficacy of medical drugs.