basics
Give the definition of the balance sheet
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Lesson duration is: 10 minItems in this lesson
Give the definition of the balance sheet
Slide 1 - Open question
Debit/assets
Credit / liabilities
Building
Loan parents
Debtors
Creditors
Computers
Owners equity
Loan bank
Abn - Amro / Bank
Cash
Stock
Slide 2 - Drag question
Why is a balance sheet always balanced
Slide 3 - Open question
Slide 4 - Drag question
Building is a fixed asset
A
Yes
B
C
No
Slide 5 - Quiz
Current assets
Owners equity
Long term debt
liquidity
Short term debt
fixed assets
Slide 6 - Drag question
Bought on account, Stock for € 4.100,-.
What accounts change
What accounts change
A
- Debtors, +creditors
- and bank
B
- Bank, + creditors
C
+ Stock , + Creditors
D
+ Stock and + debtors
Slide 7 - Quiz
Sold on account, stock with a cost price of € 6.400,- sold for € 9.600,-.
17 jan. Bought with cash stock for € 600,-.
17 jan. Bought with cash stock for € 600,-.
A
+ debtor + owners equity - bank
B
- Stock + bank
C
- Stock + debtors
D
- Stock + debtors + owners equity
Slide 8 - Quiz
If you have turnover on what account does it go?
Slide 9 - Open question
If you have costs where does it go?
Slide 10 - Open question
What is a Debtor
Slide 11 - Open question
What is a creditor
