The insurance concept of returning consumers to the financial status they enjoyed prior to a loss is known as

Ordinary repairs to plant assets are referred to as revenue expenditures

Indicate whether the statement is true or false

Jessie has $4,000 in a bank account, $2,800 in a 401(k) plan at work, a car with a current value of $28,000, and a house that she purchased for $92,000 that has a current value of $118,000

The current balance of her home mortgage is $81,000, she has one credit card with a $3,000 balance, and a school loan with a balance of $6,000. What is Jessie's current net worth? A) $62,800 B) $46,800 C) ($242,800) D) ($62,800)