Balance sheet

Balance sheet

12th Grade

6 Qs

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Balance sheet

Balance sheet

Assessment

Quiz

Education

12th Grade

Practice Problem

Hard

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6 questions

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1.

OPEN ENDED QUESTION

3 mins • 3 pts

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Complete the Ordinary shareholders equity of the balance sheet by filling in the missing line item and figures.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

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Calculate the current portion of the loan that will be presented under current liabilities in the balance sheet ,

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3.

OPEN ENDED QUESTION

3 mins • 5 pts

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Calculate the mortgage loan that will be presented under the non current liabilities section in the balance sheet.

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4.

OPEN ENDED QUESTION

3 mins • 2 pts

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Calculate the shareholders for dividends that will be presented under current liabilities in the balance sheet.

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5.

OPEN ENDED QUESTION

3 mins • 2 pts

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Calculate the SARS Income tax presented under the current liabilities in the balance sheet.

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6.

OPEN ENDED QUESTION

3 mins • 3 pts

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Calculate the trade and other payables presented in the balance sheet under current liabilities.

Do not include SARS Income tax; shareholders for dividends and current portion of the loan.

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