Balance Sheet | Baamboozle - Baamboozle | The Most Fun Classroom Games!

Team 1
0

Team 2
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Teams

Name

Score

1

2

3

4

5

6

7

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9

10

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20

Furniture: Tables and chairs for the bakery's seating area, creating a comfortable atmosphere for customers.

Fixed Asset

Oops!

Check

Okay!

Check

10

Short-Term Loans: Borrowed funds with a repayment term of less than one year to cover temporary working capital needs.

Current liability

Oops!

Check

Okay!

Check

10

Credit Card Payable: Balances owed on business credit cards for ingredient or equipment purchases.

Current liability

Oops!

Check

Okay!

Check

trap

No points!

Oops!

rocket

Go to first place!

Okay!

rocket

Go to first place!

Okay!

baam

Lose 15 points!

Oops!

10

Interest Payable: Interest owed on short-term loans or credit lines used for business financing.

Current liability

Oops!

Check

Okay!

Check

25

Amounts received from customers who have placed advance orders for custom cakes or pastries for upcoming events, securing their orders.

Current Asset

Oops!

Check

Okay!

Check

15

Convertible Bonds: Bonds that can be converted into the bakery's common stock at a predetermined conversion price.

Long term liability

Oops!

Check

Okay!

Check

15

Ingredients like flour, sugar, eggs, butter, and flavorings that the bakery has in stock to create its products.

Current Asset

Oops!

Check

Okay!

Check

15

Owner's Initial Investment: The initial capital contributed by the bakery's owner(s) to start and establish the business.

Owner's equity

Oops!

Check

Okay!

Check

lifesaver

Give 20 points!

Oops!

fairy

Take points!

5

10

15

20

25

rocket

Go to first place!

Okay!

thief

Give points!

5

10

15

20

25

trap

No points!

Oops!

magnet

Take 5 points!

Okay!

shark

Other team loses 15 points!

Okay!

thief

Give points!

5

10

15

20

25

10

Long term investments

Fixed Asset

Oops!

Check

Okay!

Check

5

$5500 cash in the business checking account

Current Asset

Oops!

Check

Okay!

Check

10

Bakery Equipment Financing: A long-term financing arrangement specifically for acquiring or upgrading bakery equipment.

Long Term liability

Oops!

Check

Okay!

Check

15

Refrigeration Units: Large commercial refrigerators and freezers to store ingredients, perishable goods, and finished products.

Fixed Asset

Oops!

Check

Okay!

Check

10

Accrued Wages: Employee salaries and wages that have been earned but not yet paid at the end of the accounting period.

Current liability

Oops!

Check

Okay!

Check

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