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Froggy Jumps

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book keeping

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Tr. Sam

Kenya

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1	Tr. Sam December 8, 2025	% 100	02:48

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Froggy Jumps pretechnicalOnline version book keeping by Tr. Sam 1 What is the formula for Capital? a Capital = Assets – Liabilities b Capital = Revenue – Expenses c Capital = Liabilities – Assets 2 Which statement best explains why bookkeeping is essential for entrepreneurs? a It helps entrepreneurs guess future sales b It provides accurate financial records for decision-making c It prevents competition 3 An entrepreneur uses bookkeeping to measure… a Business performance over time b Customer personal details c Competitors’ personal income 4 Why is bookkeeping important in budgeting? a It predicts weather patterns b It increases staff morale c It provides data for planning future expenses 5 The main reason bookkeeping supports entrepreneurship is because it… a Shows customer birthdays b Helps manage money wisely c Reduces competition 6 what is starting and managing a business? a Assets b capital c Entrepreneurship 7 Which of the following is a characteristic of an entrepreneur? a Laziness b Fear of taking risks c Creativity 8 What happens when a business does NOT keep records? a Easy planning b Difficulty knowing profit or loss c Easy success 9 liability is equal to a Labilities=asset -capital b liabilities = capital - asset c liability = capital + assets 10 what a business owes a assets b liability c capital 11 resources owned by a business a capital b liabilities c assests 12 owners equity is same as a assets b capital c liabilities

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pretechnical

Froggy Jumps

About this activity

Created by

Download the paper version to play

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pretechnicalOnline version

by Tr. Sam

What is the formula for Capital?

Which statement best explains why bookkeeping is essential for entrepreneurs?

An entrepreneur uses bookkeeping to measure…

Why is bookkeeping important in budgeting?

The main reason bookkeeping supports entrepreneurship is because it…

what is starting and managing a business?

Which of the following is a characteristic of an entrepreneur?

What happens when a business does NOT keep records?

liability is equal to

what a business owes

resources owned by a business

owners equity is same as