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9th IGCSE - Income Statements

Authored by Teacher K

Business

9th Grade

Used 4+ times

9th IGCSE - Income Statements
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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

g
h
i
f
e
d
c
b
a

Cost of Sales

Expenses

Sales

Profit after tax

Gross Profit

Net profit

Dividends/Payouts

Retained profit

Tax

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

Overdraft

Cash

Depreciation

Creditors

Debtors

Working Capital

Net Assets

Stock

Current Liabilities

Fixed assets

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

Net cash flow

Total cash OUT flow

Opening balance

Cash sales

Clsoing balance

Credit Sales

Money in

Capital

Total cash IN flow

4.

CATEGORIZE QUESTION

15 mins • 1 pt

Organize these options into the right categories

Groups:

(a) Assets

,

(b) Liabilities

Debtors

Stock/Inventory

Overdraft

Creditors

Cash

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

credit sales

capital

cash sales

rent

expenses

salaries

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

Reserves

Capital employed

Long Term Loan

Share Capital

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