Question 4) Look at Maya's balance sheet at the beginning of April and her transactions throughout April. Fill in her balance sheet for the end of April Balance Sheet (Beginning of April) Asset Car Total Description Wages Cash Investment Car Description Security Deposit + Total Cash - 4800 1100 4000 1000 Asset cash Non-cash Asset 600 Other Assets Balance Sheet (End of April) 1,200 3,000 4,000 8,200 Description Food Security Deposit Rent 1000 4000 Car Description Liability Total Net Worth Description Credit Card Description Food Rent Credit Card Liability crédit card Total Net Worth 5,000 - 5,000 3,200 Liabilities Expense/Income 1100 50 600 + 50 + 4800 Description Credit Card Description Wages 5050
Question 4) Look at Maya's balance sheet at the beginning of April and her transactions throughout April. Fill in her balance sheet for the end of April Balance Sheet (Beginning of April) Asset Car Total Description Wages Cash Investment Car Description Security Deposit + Total Cash - 4800 1100 4000 1000 Asset cash Non-cash Asset 600 Other Assets Balance Sheet (End of April) 1,200 3,000 4,000 8,200 Description Food Security Deposit Rent 1000 4000 Car Description Liability Total Net Worth Description Credit Card Description Food Rent Credit Card Liability crédit card Total Net Worth 5,000 - 5,000 3,200 Liabilities Expense/Income 1100 50 600 + 50 + 4800 Description Credit Card Description Wages 5050
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Question 4) Look at Maya's balance sheet at the beginning of April and her transactions throughout April. Fill
in her balance sheet for the end of April
Balance Sheet (Beginning of April)
Asset
Total
Description
Wages
Car
Cash
Investment
Car
Description
Security Deposit
Total
Cash
600
Asset
cash
Non-cash Asset
1,200
3,000
4,000
4800 1100 Food
4000 1000 Security Deposit
Balance Sheet (End of April)
8,200
Other Assets
Description
Rent
1000 4000 Car
Description
Liability
Total
Net Worth
Description
Credit Card
Description
Food
Rent
Credit Card
Liability
crédit
card
Total
Net Worth
5,000
5,000
3,200
Liabilities
Expense/Income
50
50
600
1100 4800
+
Description
Credit Card
Description
Wages
5050
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