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

Team 1
0

Team 2
0

Teams

Name

Score

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5

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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

20

Payments made in advance to suppliers for large ingredient orders to secure future deliveries.

Current Asset

Oops!

Check

Okay!

Check

15

Donated Capital: Contributions from the owner(s) or investors in the form of assets, services, or cash for the bakery's benefit.

Owner's Equity

Oops!

Check

Okay!

Check

10

Bakery Equipment: Industrial-grade ovens, mixers, dough sheeters, and proofing cabinets used in the production of baked goods.

Fixed Asset

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

5

$5500 cash in the business checking account

Current Asset

Oops!

Check

Okay!

Check

20

Payments made in advance for business expenses like rent for the bakery space, insurance, and utility bills.

Current Asset

Oops!

Check

Okay!

Check

10

Accounts Payable: Money owed to suppliers and vendors for ingredients, packaging materials, and equipment purchases.

Current Liability

Oops!

Check

Okay!

Check

10

Long term investments

Fixed Asset

Oops!

Check

Okay!

Check

heart

Other team wins 15 points!

Oops!

fairy

Take points!

5

10

15

20

25

fairy

Take points!

5

10

15

20

25

banana

Go to last place!

Oops!

thief

Give points!

5

10

15

20

25

rocket

Go to first place!

Okay!

fairy

Take points!

5

10

15

20

25

baam

Lose 20 points!

Oops!

trap

No points!

Oops!

star

Double points!

Okay!

rocket

Go to first place!

Okay!

lifesaver

Give 20 points!

Oops!

10

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

Current liability

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

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

10

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

Current liability

Oops!

Check

Okay!

Check

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