Jan showed the following financial items at the ends of 2007 and 2085:
2007 2008
Checking account balance 1,300 1,200
Credit card balances due 700 500
Auto loan ($900 due within one year) 2,700 3,600
Automobile 7,000 8,000
Jewelry 400 300
Stamp collection 1,200 1,000
Jan’s net worth changed in 2008 by
A)
+ $100.
B)
– $700.
C)
+ $400.
D)
+ $800.
ANSWER
A
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