asked 217k views
0 votes
Brenda created this personal balance sheet. Brenda’s Balance Sheet Assets Liabilities jewelry food wages health insurance commission rent bank account tips Total Total Brenda says her assets are definitely greater than her liabilities. Which explains whether Brenda is correct?

asked
User Ashwin G
by
6.9k points

2 Answers

5 votes

Answer: C

Explanation:

answered
User Russellsayshi
by
8.5k points
6 votes

Answer:

Brenda is not correct because the total value of her assets could be less than the liabilities.

Explanation:

answered
User Gaurav Ramanan
by
7.9k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.