Question

Dante listed his assets and liabilities on a personal balance sheet. Dante’s Balance Sheet (August 2013) Assets Liabilities cash $900 credit card $4,000 investments $1,100 student loan $1,000 house $150,000 mortgage $100,000 car $8,000 car loan $5,000 Total Total Which statement is true about the value of Dante’s assets and liabilities? He has $50,000 more in assets than in liabilities. He has $50,000 more in liabilities than in assets. He has $110,000 more in liabilities than in assets. He has $160,000 more in assets than in liabilities.

Answer 1

Answer:

the answer is a) he has $50,000 more in assests than in liabilities

Explanation: