Assuming You Own A Home, Where Would The Appraisal Value Of Your Home Go In A Personal Balance Sheet?

Question

Assuming You Own A Home, Where Would The Appraisal Value Of Your Home Go In A Personal Balance Sheet?

4 Answers

Answer Question

Answer 1

Under liabilities
within equity
under assets
under both the equity and the liabilities

Answer 2

Tiffany Greer answered

Where would the appraisal value of your home go in a personal balance sheet?

Answer 3

In ancient Greece, a group of people living together with the common purpose of taking
care of each other through economic activity was called a(n)

Answer 4

A house is generally an asset. The mortgage associated with the house goes under the liabilities. You need to make sure that your home is also in good condition and that it is properly maintained. It's a good idea to get your house valued regularly if you're intending to sell it anytime soon.