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pretechnical

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pretechnical

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assets, liabilities and capital

Created by

Tr. Sam
Tr. Sam
Kenya

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pretechnicalOnline version

assets, liabilities and capital

by Tr. Sam
1

If Assets = Ksh 150,000 and Liabilities = Ksh 40,000, what is Capital?

2

A business has Capital of Ksh 80,000 and Assets of Ksh 150,000. What are the Liabilities?

3

If Liabilities increase by Ksh 5,000 and Assets remain constant, what happens to Capital? A. Capital increases B. Capital decreases

4

A business has Assets of Ksh 300,000 and Capital of Ksh 200,000. What is the value of Liabilities?

5

Calculate the Profit: Selling Price = Ksh 1,200 and Cost Price = Ksh 900.

6

A product costs Ksh 650 to produce and is sold for Ksh 500. What is the result?

7

A shop bought goods for Ksh 40,000 and sold them for Ksh 55,000. What is the profit?

8

If Assets increase by Ksh 10,000 due to owner investing more money, what happens to Capital? A. It increases B. It decreases

9

Calculate the Cost Price: A seller made a profit of Ksh 600 after selling an item for Ksh 2,400.

10

A shop sells a shirt for Ksh 1,000 at a loss of Ksh 200. What was the Cost Price?

 
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