
9th IGCSE - Income Statements

Passage
•
Business
•
9th Grade
•
Medium
Teacher K
Used 4+ times
FREE Resource
54 questions
Show all answers
1.
LABELLING QUESTION
15 mins • 1 pt
Please place the correct label on the income statement
Cost of Sales
Retained profit
Tax
Gross Profit
Net profit
Dividends/Payouts
Profit after tax
Sales
Expenses
2.
LABELLING QUESTION
15 mins • 1 pt
Put the terms in the correct place on the balance sheet.
Current Liabilities
Net Assets
Cash
Depreciation
Working Capital
Fixed assets
Overdraft
Debtors
Creditors
Stock
3.
LABELLING QUESTION
15 mins • 1 pt
Please place the correct cash flow chart term in the correct place.
Clsoing balance
Cash sales
Opening balance
Net cash flow
Money in
Credit Sales
Total cash OUT flow
Capital
Total cash IN flow
Money out
4.
CLASSIFICATION QUESTION
15 mins • 1 pt
Groups:
(a) Assets
,
(b) Liabilities
Creditors
Stock/Inventory
Debtors
Cash
Overdraft
5.
CLASSIFICATION 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
rent
capital
cash sales
credit sales
salaries
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
Share Capital
Long Term Loan
Reserves
Capital employed
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