Bre’anna has $1,125 in her checking account, owes $800 on her credit card, and has a car worth $3,500 that is paid off. What are
the total amounts of Bre’anna’s assets, liabilities and net worth (may be negative)?
1 answer:
Assets:
Cash in bank: 1125
Car: 3500
Liabilities:
Credit card 800
1125 + 3500 - 800
Answer: 3825
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