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Your parents tell you that they must create a personal balance sheet. Explain what a personal balance sheet is and explain the three steps they must use in its creation.

Respuesta :

gkenecia
A personal balance sheet is a financial statement of your personal assets and liabilities.
to create it you would have to record your:
Assets(what you have)
Your liabilities(what you owe)
Then calculate your networth(what you have after you deduct your liabilities from your assets)

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