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WorksheetsAssets and Liabilities
Total questions: 25
Worksheet time: 13mins
What is debts you owe (negative cash value)?
assets
liabilities
What is something you already own (positive cash value)?
asset
liability
MONEY IN A SAVINGS ACCOUNT
asset
liability
CAR LOAN
asset
liability
DIRT BIKE
asset
liability
RENT
asset
liability
CREDIT CARD BILL
asset
liability
PS4
asset
liability
CELL PHONE BILL
asset
liability
Includes coins, currencies, checks, bank deposits, and other cash items readily available for use in the operations of the business.
Cash
Receivables
Payables
Securities
Which of the following are considered assets?
1. A Car
2. Student Loans
3. Rent Payments
1 only
1 and 2 only
2 and 3 only
1, 2, and 3 only
Which of the following are considered liabilities?
1 - A Mortgage
2 - Kitchen Dishes
3 - A Car Loan
1 only
1 and 2 only
1 and 3 only
1, 2, and 3
$8,235 owed on a credit card
Asset
Liability
Estimated home value of $233,00
Asset
Liability
Which of the following is not a liability?
Stock
Credit Card Balance
Car Loan
Mortgage
Which of the following is not an asset?
Car
House Value
House Mortgage
Jewelry
Land
Current Assets
Non-Current Assets
Merchandise Inventory
Current Assets
Non-Current Assets
Cash in Bank
Current Assets
Non-Current Assets
Equipment
Current Assets
Non-Current Assets
Furniture and Fixtures
Current Assets
Non-Current Assets
Petty Cash
Current Assets
Non-Current Assets
Supplies
Current Assets
Non-Current Assets
