Which accurately describes development?
2 answers:
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Answer:
Net worth statement of Anthony
Assets
Current
$1,085.00
Property, Camera (present value) $635.00
Total Assets $1,720.00
Liabilities
Money owed others (Vista Travel) $305.00
Money owed others (Kelly Electronics) $83.00
Total Liabilities $388.00
Net Worth $1,332.00
Explanation:
A net worth statement also known as a balance sheet statement is way to present the standing of a business at a particular time. It is a record of the assets and the values of the assets as well as the business liabilities and other outstanding financial obligations the business is to settle.