Financial Statements | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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Team 2
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Teams

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Score

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10

What is the purpose of preparing a statement of financial performance?

To evaluate business performance - making profit or loss.

Oops!

Check

Okay!

Check

5

Is bank overdraft a current or non-current liability?

Non-current liability

Oops!

Check

Okay!

Check

5

Trade receivables appears in which financial statement?

Statement of financial position

Oops!

Check

Okay!

Check

5

Motor vehicles appear in which financial statement?

Statement of financial position

Oops!

Check

Okay!

Check

5

Loan from bank appears in which financial statement?

Statement of financial position

Oops!

Check

Okay!

Check

5

Trade payables appears in which financial statement?

Statement of financial position

Oops!

Check

Okay!

Check

5

Motor vehicle repairs appears in which financial statement?

Statement of financial performance

Oops!

Check

Okay!

Check

5

Sales returns appears in which financial statement?

Statement of financial performance

Oops!

Check

Okay!

Check

baam

Lose 15 points!

Oops!

magnet

Take 10 points!

Okay!

shark

Other team loses 20 points!

Okay!

lifesaver

Give 25 points!

Oops!

5

Discount received appears in which financial statement?

Statement of financial performance

Oops!

Check

Okay!

Check

5

Is fixtures and fittings a current or non-current asset?

Non-current asset

Oops!

Check

Okay!

Check

banana

Go to last place!

Oops!

star

Double points!

Okay!

gift

Win 10 points!

Okay!

baam

Lose 15 points!

Oops!

banana

Go to last place!

Oops!

gold

Win 50 points!

Okay!

gift

Win 25 points!

Okay!

thief

Give points!

5

10

15

20

25

5

Cost of sales appears in which financial statement?

statement of financial performance

Oops!

Check

Okay!

Check

thief

Give points!

5

10

15

20

25

seesaw

Swap points!

Okay!

gift

Win 25 points!

Okay!

baam

Lose 20 points!

Oops!

5

Is inventory a current or non-current asset?

current asset

Oops!

Check

Okay!

Check

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