Amala listed her assets and liabilities. credit card balance car (paid in full) jewelry student loan savings account stocks $850 $2,200 $125 $2,500 $1,200 $1,500 what is the total of amala’s liabilities?

 Total of Amala’s liabilities is $5500 .

Step-by-step explanation:

Liabilities is defined as  the sums of money which it owes .

As given

Amala listed her assets and liabilities. Credit Card Balance Car (Paid in full) Jewelry Student Loan Savings Account Stocks $850 $2,200 $125 $2,500 $1,200 $1,500 .

As Credit card balance , car (Paid in full) and student loan are Amala liabilities .

Thus

Total amount of Amala’s liabilities = Credit card balance  + car + student loan .

Putting all the values in the above

Total amount of Amala’s liabilities = 850  + 2200 + 2500

                                                         = $5500

Therefore the  total of Amala’s liabilities is $5500 .

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