Question

Anna is creating a personal balance sheet. she plans to list these items. bank account jewelry health insurance rent which statements about the balance sheet are correct? select three choices. health insurance, and rent will be listed in the liabilities column. anna will need to find the total value of her jewelry and bank account. the period of the balance sheet will be one year. anna will add the value of the assets and subtract the value of the liabilities. the items in the table will be listed in four columns.

Answer 1

True statements about Anna's balance sheet are:

• Anna will need to find the total value of her jewelry and bank account.
• The period of the balance sheet will be one year.
• Anna will add the value of the assets and subtract the value of the liabilities.

What goes into the Balance Sheet?

The balance sheet includes the totals of assets which includes Anna's jewelry and the cash in her bank account. She will then add the value of these assets and subtract the liabilities to find the Net Asset Value.

The period of the balance sheet will be a year because the Balance sheet shows the statement of one's financial position over a year.

Find out more on Balance sheets at https://brainly.com/question/1113933.

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Answer 2

Answer:

Anna will need to find the total value of her jewelry and bank account.

The period of the balance sheet will be one year.

Anna will add the value of the assets and subtract the value of the liabilities.

Explanation: