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WorksheetsPersonal Finance Terms
Total questions: 12
Worksheet time: 8mins
Jeliena's boss handed her a $500 check for a week of work.
This is an example of (there might be more than one answer)
Revenue
Expense
Asset
Liability
Luis buys a soda for $1 with the cash in his pocket.
This is an example of (there might be more than one answer)
Revenue
Expense
Asset
Liability
Steve owns 5 shares of Apple stock.
This is an example of (there might be more than one answer)
Revenue
Expense
Asset
Liability
Yannibel took out a loan to pay for her first semester of college.
This is an example of (there might be more than one answer)
Revenue
Expense
Asset
Liability
Brian just got a gift card from his grandparents worth $100.
This is an example of (there might be more than one answer)
Revenue
Expense
Asset
Liability
Miah used her debit card to buy $40 jeans at The Gap.
This is an example of (there might be more than one answer)
Revenue
Expense
Asset
Liability
Joselin has a gold necklace she keeps at home in a nice box.
This is an example of (there might be more than one answer)
Revenue
Expense
Asset
Liability
Janio swipes his credit card to buy groceries for his family.
This is an example of (there might be more than one answer)
Revenue
Expense
Asset
Liability
In one month, Ryan earned $800 in revenue but paid $700 in expenses. What is his net income?
-$100
$100
-$1500
$1500
In one month, Emely earned $1000 in revenue but paid $1400 in expenses. What is her net income?
-$400
$400
-$2400
$2400
Marielvis owns $500 of assets and $200 in liabilities. What is her net worth?
-$700
-$300
$300
$700
Ronell owns $3200 of assets and $4100 in liabilities. What is his net worth?
-$7300
-$900
$900
$7300
