| Coli & Jill's Balance Sheet |
| Assets | | Liabilities |
| Curent Assets | | Current Liabilities |
| Bank Account( Joint) | $3,400.00 | Visa Card -joint | $4,700.00 |
| Total current assets | $3,400.00 | Total current liabilities | $4,700.00 |
| Household Assets | | Long-Term Liabilities |
| Coli-2014 Dodge Ram | $21,995.00 | House Mortgage | $1,904.43 |
| Jill-2015 Mazda 3 | $20,495.00 | Mazda Loan | $268.86 |
| Possessions in the house | $25,000.00 | Dodge Loan | $237.08 |
| House | $475,000.00 | Home Morgage | $300,000.00 |
| Total household assets | $542,490.00 | Total long-term liabilities | $302,410.37 |
| Investment assets |
| Jill Group RRSP | $15,000.00 |
| Jill personal RRSP | $12,500.00 |
| Jill Personal TFSAs | $3,500.00 |
| Colin RRSP | $31,200.00 |
| Colin TFSAs | $7,900.00 |
| Total investment assets | $70,100.00 |
| Total Assets | $615,990.00 | Total Liabilities | $307,110.37 |
| | | Net Worth | $308,879.63 |
| Current Ratio: | 0.72 |
| Debt to Asset Ratio: | 0.0115 | Quick Ratio | 1.468 |
Mr.Q
part_2.xlsx
