Balance sheet
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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Drawings | money or assets taken out of a business for the owners use
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Current Assets | short term assets that can quickly be turned into cash
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Mortgage | long term loan based on using property as security
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Debtors | people or business that are money to an organisation
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Assets | items in a balance sheet that an organisation owns or is owed
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Current Liabilities | debts that a business must pay in the short term
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Fixed Assets | assets with a life of more than one year
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Balance Sheet | statement showing the financial position of an organisation
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
KarenSumal
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