
9th IGCSE - Income Statements
Passage
•
Business
•
9th Grade
•
Practice Problem
•
Medium
Teacher K
Used 4+ times
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54 questions
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1.
LABELLING QUESTION
15 mins • 1 pt
Please place the correct label on the income statement
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.
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.
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
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) .
7.
LABELLING QUESTION
1 min • 1 pt
Please place these in the correct position of the "Financed by" part of the Balance Sheet
Capital employed
Long Term Loan
Reserves
Share Capital
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