9th IGCSE - Income Statements

9th IGCSE - Income Statements

9th Grade

54 Qs

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9th IGCSE - Income Statements

9th IGCSE - Income Statements

Assessment

Passage

Business

9th Grade

Practice Problem

Medium

Created by

Teacher K

Used 4+ times

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54 questions

Show all answers

1.

LABELLING QUESTION

15 mins • 1 pt

Please place the correct label on the income statement

g
h
i
f
e
d
c
b
a

Cost of Sales

Net profit

Tax

Gross Profit

Sales

Dividends/Payouts

Profit after tax

Expenses

Retained profit

2.

LABELLING QUESTION

15 mins • 1 pt

Put the terms in the correct place on the balance sheet.

a
b
c
d
e
f
g
i
j
h

Stock

Net Assets

Depreciation

Debtors

Overdraft

Working Capital

Creditors

Cash

Fixed assets

Current Liabilities

3.

LABELLING QUESTION

15 mins • 1 pt

Please place the correct cash flow chart term in the correct place.

a
b
c
d
j
h
i
g
f
e

Money out

Total cash OUT flow

Clsoing balance

Total cash IN flow

Credit Sales

Cash sales

Capital

Opening balance

Money in

Net cash flow

4.

CATEGORIZE QUESTION

15 mins • 1 pt

Organize these options into the right categories

Groups:

(a) Assets

,

(b) Liabilities

Cash

Stock/Inventory

Creditors

Debtors

Overdraft

5.

CATEGORIZE QUESTION

15 mins • 1 pt

Organize these options into the right categories in a general cash flow forecast. In Money OUT, examples are given, each business might have different things they spend money out for cash to go out.

Groups:

(a) Money IN

,

(b) Money OUT

cash sales

salaries

rent

credit sales

capital

expenses

6.

DROPDOWN QUESTION

15 mins • 1 pt

Working capital is ​ (a)   -​ ​ ​ (b)   . Net assets is ​ (c)   +​ (d)   .

current liabilities
current assets
Total fixed assets
working capital

7.

LABELLING QUESTION

1 min • 1 pt

Please place these in the correct position of the "Financed by" part of the Balance Sheet

a
b
c
d

Capital employed

Long Term Loan

Reserves

Share Capital

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