Assets and Liabilities Categories

Warm-Up: Match the items to their categories

Groups:

(a) Fragrance

,

(b) Dogs

,

(c) Señor!

,

(d) Boats

• Whippet

• Barge

• Miguel

• Terrier

• Juan

• Versace

• Paco Rabanne

• Spaniel

• Pontoon

• Carlos

• Submarine

• Alsatian

• Trawler

• Diesel

• Diego

• Prada

• Dior

• Manuel

• Sloop

• Labradoodle

Warm-Up 2: Match the items to their categories

Groups:

(a) Meat

,

(b) Marvel

,

(c) The Cosmos

,

(d) Palindromes

• Leg

• Loin

• Kayak

• Magneto

• Noon

• Black Hole

• Stars

• Chop

• Gravity

• Comet

• Spiderman

• Iron Man

• Peep

• Repaper

• Hock

• Rotator

• Brisket

• Wolverine

• Orbit

• Nightcrawler

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

Groups:

(a) Asset

,

(b) Liability

,

(c) Neither

• Mortgage

• Creditors

• Premises

• Retained Profit

• Short Term Bank Loan

• Long Term Bank Loan

• Overdraft

• Cash

• Fixtures and Fittings

• Debtors

• Vehicle

• Equipment

• Stock

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

• Bubble Bobble

• Starling

• Crow

• Premises

• Outrun

• Pac-Man

• Cash

• Golden Axe

• Hawk

• Magpie

• Ptarmigan

• Galaxian

• Stock

• Vehicle

• Equipment

• Debtors

• Fixtures and Fittings

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

• Carrot

• Orange

• Panther

• Lion

• Cheetah

• Mortgage

• Short Term Bank Loan

• Creditors

• Overdraft

• Puma

• Guava

• Tiger

• Banana

• Beans

• Long Term Bank Loan