Lemonade Stand

You put RM100 of your own money into the business.

• You got RM100 from a customer.

• You added RM100 to your business.

• You earned RM100 profit.

Answer explanation

You’re starting the business with your own money — it’s not profit yet.

You buy lemons for RM30 and pay cash.

• You spent RM30 to get lemons.

• You earned RM30.
  

• You borrowed RM30.

Answer explanation

You used cash to buy something — simple spending.

You buy cups now and will pay later.

• You got cups and paid cash.

• You got cups and owe money.

• You sold cups.

Answer explanation

You didn’t pay yet — so you owe someone.

You sell lemonade for RM50 cash.

• You made RM50.

• You spent RM50.

• You borrowed RM50.

Answer explanation

You earned money — that’s income!

You pay RM10 to rent your stall.

• You earned RM10.

• You spent RM10.

• You gave RM10 to a customer.

Answer explanation

Paying rent is a cost — just like buying lemons.

You give RM5 discount to a customer.

• You earned RM5.

• You gave RM5 away.

• You paid RM5 rent.

Answer explanation

A discount means you’re giving up part of your sale.

A customer pays you RM20 they owed earlier.

• You earned RM20.

• You got RM20 that was already yours.

• You borrowed RM20.

Answer explanation

You already made the sale — now they’re just paying up.

You pay RM10 to a supplier you owed.

• You spent RM10.

• You earned RM10.

• You got RM10 from a customer.

Answer explanation

You’re settling a debt — paying someone back.

You spill RM5 worth of lemons.

• You made RM5.

• You lost RM5.

• You gave RM5 to a customer.

Answer explanation

Spilled lemons = lost money.

You take RM20 cash out for yourself.

• You paid rent.

• You earned RM20.

• You took RM20 for personal use.

Answer explanation

That’s your money — but it’s no longer in the business.