Assets and Liabilities Categories

Warm-Up: Match the items to their categories

Groups:

(a) Fragrance

,

(b) Dogs

,

(c) Señor!

,

(d) Boats

• Manuel

• Carlos

• Miguel

• Submarine

• Prada

• Spaniel

• Trawler

• Whippet

• Paco Rabanne

• Labradoodle

• Alsatian

• Pontoon

• Diego

• Juan

• Barge

• Terrier

• Sloop

• Versace

• Dior

• Diesel

Warm-Up 2: Match the items to their categories

Groups:

(a) Meat

,

(b) Marvel

,

(c) The Cosmos

,

(d) Palindromes

• Orbit

• Iron Man

• Comet

• Leg

• Rotator

• Magneto

• Kayak

• Wolverine

• Chop

• Black Hole

• Peep

• Noon

• Stars

• Loin

• Nightcrawler

• Gravity

• Hock

• Brisket

• Repaper

• Spiderman

Please move the assets and liabilities listed on the left, into the correct column.

Groups:

(a) Asset

,

(b) Liability

,

(c) Neither

• Vehicle

• Debtors

• Cash

• Premises

• Creditors

• Overdraft

• Equipment

• Mortgage

• Fixtures and Fittings

• Short Term Bank Loan

• Retained Profit

• Stock

• Long Term Bank Loan

Please move the items on the left into the correct column:

Groups:

(a) Current Asset

,

(b) Fixed Asset

,

(c) Types of Bird

,

(d) Classic Arcade Games

• Equipment

• Magpie

• Stock

• Golden Axe

• Debtors

• Ptarmigan

• Vehicle

• Outrun

• Pac-Man

• Crow

• Fixtures and Fittings

• Starling

• Hawk

• Premises

• Cash

• Galaxian

• Bubble Bobble

Please move the items on the left into the correct column

Groups:

(a) Current Liability

,

(b) Long Term Liability

,

(c) Fruit and Veg

,

(d) Big Cats

• Beans

• Cheetah

• Mortgage

• Puma

• Panther

• Guava

• Lion

• Tiger

• Banana

• Long Term Bank Loan

• Short Term Bank Loan

• Overdraft

• Orange

• Creditors

• Carrot