Construct a Personal Balance Sheet from the Following Information

question 86

Essay

Construct a personal balance sheet from the following information.Be sure the format is correct.(Show all work.)
$$\begin{array} { l r } \text { Cash on hand } & \$ 75 \\\text { Bank credit card balance } & 1,200 \\\text { Utility bill (over due) } & 100 \\\text { Auto loan balance } & 3,500 \\\text { Mortgage } & 75,000 \\\text { Primary residence } & 105,000 \\\text { Jewelry } & 2,000 \\\text { Stocks } & 17,500 \\\text { Coin collection } & 2,500 \\\text { 2001 Toyota } & 7,500\end{array}$$

---

Definitions:

Identity

The way in which individuals see and define themselves, shaped by personal, social, and cultural factors.

Social Definitions

The process by which society identifies and categorizes aspects of the world, including behaviors, roles, and expectations.

Socially Constructed

The concept that ideas, meanings, or values are created through interactions within a society rather than inherently existing.

Significant Others

Those with whom we have a close affiliation.