Income Statements vs. Balance Sheet
(206 Students)
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Activity Description
This engaging drag-and-drop activity is designed to help students master the classification of financial entries into the appropriate sections of an income statement or balance sheet. Students will be provided with a variety of entries, such as revenues, expenses, assets, liabilities, and owner's equity items.
They will then drag each entry to its correct category, reinforcing their understanding of how financial statements are structured and the relationships between different financial components. This hands-on approach makes learning accounting concepts fun and interactive, promoting better retention and comprehension.
Features:
- Interactive drag-and-drop functionality
- Varied entries to ensure comprehensive practice
- Suitable for high school students studying accounting or finance
Teacher Tips
Included with the activity, you can view the tips to clarify student's doubts or to evaluate answers (for a teacher scored worksheet).
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