What is a net worth statement

A. It is suspending plan based on income and expenses B. It is an invoice C. It is a listing of what an individual owns minus what they owe D. It is a listing of an individual's net income Minister expenses calculated on a monthly basis

1 answer

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

A net worth statement summarizes an individual's assets (what they own) and liabilities (what they owe) to determine their overall financial position.