Question

I am looking to verify my answers by placing the proper items in the balance sheet Client Financial Information
Assets & Liabilities		Annual Income & Expenses
Joint Money Market Account	$     5,500	Jane's Gross - Part Time Wages	$   15,000
Boat	$   25,000	Gifts to Family	$     2,500
Credit Card B (For Clothes)	$     4,000	Homeowner's Insurance	$     1,250
Mortgage Balance	$   80,000	Auto insurance/registration	$     1,100
Cash on Hand	$     1,500	Income Taxes	$   25,000
House	$ 120,000	John's Gross Salary	$ 100,000
Personal Property	$   15,000	Food (For Groceries/Restaurants)	$   10,000
Credit Card D (For Misc. Items)	$     4,500	Utilities	$     5,700
Jane's - Car Loan Balance	$   10,000	Maintenance (auto & home)	$     3,500
Joint Savings Account	$        400	Charitable contributions	$   10,000
Jane's Car	$   22,000	Mortgage (including taxes)	$   17,000
Credit Card A (For Groceries/Restaurants)	$     3,000	Combined Auto Loan Payment	$   12,000
Joint Checking Account	$     1,000	Boat Loan Payment	$     5,000
John's - Truck Loan Balance	$   28,000	Phone	$     1,550
John's Truck	$   40,000	Gas/Plane Tickets for Transportation	$     4,200
Jane's 403(b)	$   20,000	Prescriptions Expenses	$     8,500
John's 403(b)	$   70,000	Medical Bill Payments	$     4,000
Boat Loan Balance	$     8,000	Clothing	$     5,500
Medical Bills	$   12,000	Miscellaneous	$     8,500
Credit Card C (For Travel)	$     5,000	Internet	$        650
		Medical Insurance Premiums	$     6,200
		Life Insurance Premium	$     1,600
		Credit Cards (sum of ALL credit card payments)	$     3,500
		Jane's 403(b) - Contributions	$     4,000
		John's 403(b) - Contributions	$     4,000

Balance Sheet						Total Monetary Assets	$
Date						Total Tangible Assets	$
Assets			Liabilities			Total Investment Assets	$
Monetary Assets			Short Term Liabilities			Total Assets	$
						Total Short Term Liabilities	$
						Total Long Term Liabilities	$
						Total Liabilities	$
						Total Net Worth	$
Total Monetary Assets	$		Total Short Term Liabilities	$
Tangible Assets			Long Term Liabilities
Total Tangible Assets	$		Total Long Term Liabilities	$
Investment Assets			Total Liabilities	$
			Total Net Worth	$
Total Investment Assets	$
Total Assets	$

Answer 1

Balance Sheet

Assets	Amount($)	Libulities	Amount($)
Monetary Assets		Short Term Liabilities
Joint Money Market Account	5500	Credit Card B (For Clothes)	4000
Mortgage Balance	8,000	Credit Card D (For Misc. Items)	4500
Cash on Hand	1,500	Jane's - Car Loan Balance	10000
Personal Property	15,000	Credit Card A (For Groceries/Restaurants)	3000
Joint Savings Account	400	John's - Truck Loan Balance	28000
Joint Checking Account	1000	Boat Loan Balance	8000
Tangible Assets		Medical Bills	12000
Boat	25000	Credit Card C (For Travel)	5000
House	120000	Total Net Worth	253,900
Jane's Car	22000
John's Truck	40000
Investment Assets	20000
John's 403(b)	70000
	328400		328400