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?

Answer:  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 aboveTotal amount of Amala’s liabilities = 850  + 2200 + 2500                                                          = $5500 Therefore the  total of Amala’s liabilities is $5500 .