Creating a personal balance sheet

Reference no: EM133480741

Question 1: Conduct a personal balance sheet using Excel. Your balance sheet will not be for the current period, but for yourself 20 years from now. Predict what your assets and liabilities will be at a point 20 years into the future.

Question 2: Keep in mind, you are creating a PERSONAL balance sheet, not a CORPORATE balance sheet. This means you will NOT use items such as Account Receivable, Notes, Inventory, etc. If the item relates to a business balance sheet, DO NOT include it in your personal balance sheet.

Question 3: Consider the following possible line items. These should not be include UNLESS you believe you will include these items in your balance sheet.

Reference no: EM133480741

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