1. 1-1 APPLICATION PROBLEM (LO2), p. 25
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Question Assets
Cash
$14,692
Owe Knapp College 10,981
Owe Ashley's Boutique 1,682
Owe Buzz Electronics 787
Jewelry
2,575
Lauren Juliana has been saving and would now like to purchase a boat. She does not have enough to pay cash, so she has contacted a lending institution
about purchasing on credit. The lending institution has asked her to begin the loan process by completing a net worth statement. Prepare a net worth
statement for Lauren Juliana. Select Current Date in the appropriate field to indicate today's date. In each section, enter items in descending order of
amount.
Lauren Juliana
Net Worth Statement
selector 1
. Assets
. Current Date
• Lauren Juliana
• Liabilities
.Net Worth Statement
Assets