Your Grandma gave you a $100 towards buying a $700 computer. You put $600 on a credit card. You didn't take any money out of your $300. Save in the account. What are your total assets
Your total assets would be calculated by adding up the value of all your holdings. In this case, your total assets would be:
$100 (from your Grandma)
$600 (put on the credit card)
$300 (remaining in the account)
So, your total assets would be $100 + $600 + $300 = $1000.