FINANCIAL POSITION

Reorder the following structure of the statement of financial position

• Equity

• current liabilities

• Current Assets

• non-current liabilities

• Non-current assets

Current assets​ ​ ​ ​ (a)  

• Cash
• Plant
• equipment
• property
• cash

Stock​ ​ ​ (a)  

• Current assets
• currents liability
• Non- current assets

Match the following

• Balance sheet

• DEBTORS

• Non current assets

• Plant

• Non- Current liabilities

• Cash

• current assets

• Bank loan

• Profit or loss account

• Interest

The statment of financial position it is also called ​ (a)   ......................, especially publicly held companies, use this term.

• Balance sheet
• equity
• Statement of profit os loss

The answer for (i)

ii =

• 500

• 180

• 220

• 175

iii=

• 100

• 150

• 200

• 250

iv =

• 45

• 50

• 75

• 165

A ................................ contains financial information about an organization´s assets, liabilities and the capital invested by the owners, showing a snapshat of the firm´s financial situation.