WorksheetsI. TOPIC 2 - Financial Statement
Total questions: 15
Worksheet time: 8mins
________ are debts of the business?
assets
liabilities
owners equity
vehicles
Equipment are an example of an/a ______?
loan
asset
liability
owners equity
water and electricity is an/a __________?
credit
asset
expense
income
rates and taxes are an/a ________?
profit
income
VAT
Expense
Which of the following are Assets?
Bank Account
Vehicles
All of the answer
Furniture
What do we call all the items in the picture regarding to a business?
A car and a house
Money and A house
Assets
What is the purpose of assets?
To create jobs
To make money
To keep people busy.
What is something you already own (positive cash value)?
asset
liability
What is debts you owe (negative cash value)?
assets
liabilities
MONEY IN A SAVINGS ACCOUNT
asset
liability
CAR LOAN
asset
liability
RENT
asset
liability
CREDIT CARD BILL
asset
liability
HOME VALUE
asset
liability
CELL PHONE BILL
asset
liability
