Game 2
The Accounting Equation
Everything a business owns is financed either by others or by its owners. Sort each item into the right column and watch the two sides balance.
Assets = Liabilities + Equity
Level 1 of 3Corner Café
A small café has just opened. Sort its six balance sheet items.
Assets
0
Liabilities
0
Equity
0
6 cards left to sort
Cards to sort
Drag each card, or tap it and then tap a column
Assets
What the business owns
0
Drop cards here
Liabilities
What it owes to others
0
Drop cards here
Equity
The owners’ share
0
Drop cards here
Place every card to check your answer.