Question

What is a net worth statement?(1 point)
Responses

It is a listing of what an individual owns minus what they owe.
It is a listing of what an individual owns minus what they owe.

It is a spending plan based on income and expenses.
It is a spending plan based on income and expenses.

It is a listing of an individual’s net income minus their expenses, calculated on a monthly basis.
It is a listing of an individual’s net income minus their expenses, calculated on a monthly basis.

It is an invoice.

Answer 1

It is a listing of what an individual owns minus what they owe.