Financial Statement Bingo

This is the money a business earns from selling goods or services.

• Revenue

• Expense

• Asset

• Liability

This is the cost of goods sold during the period.

• Cost of Sales

• Revenue

• Depreciation

• Capital

This is the profit made before deducting expenses.

• Gross Profit

• Profit for the year

• Operating Profit

• Equity

This is the final profit after all expenses are deducted.

• Profit for the Year

• Gross Profit

• Revenue

• Liability

This is the money spent on running the business, like rent and wages.

• Operating Expenses

• Revenue

• Assets

• Capital

These are items the business owns that will last more than a year.

• Non-Current Assets

• Current Assets

• Liabilities

• Equity

These are debts the business must pay within a year.

• Current Liabilities

• Non-Current Liabilities

• Assets

• Revenue

This is the owner's investment in the business.

• Capital

• Revenue

• Liability

• Expense

This is the total value of what the business owns.

• Assets

• Liabilities

• Equity

• Revenue

This is the total value of what the business owes.

• Liabilities

• Assets

• Revenue

• Capital