Before we start, enter your name. It will appear on your reflection card so you can download it and submit it as directed by your instructor.
Part 1: Sort the Accounts
Three rounds of accounts. Select the category first, then the financial statement. Wrong answers unlock hints.
🔒
Part 2 is locked.
Complete all 3 rounds to unlock Follow the Story.
Part 2: Follow the Story
Meet Brew & Balance Coffee Co., finishing its first full year. Answer each question using the statements as your guide.
How to read this section: The orange numbers in each statement are the values that link one statement to the next. Check the flow legend below the statements after each question.
📉 Income Statement
Revenues
Coffee and Beverage Sales
$48,000
Catering Revenue
12,000
Total Revenue
$60,000
Expenses
Cost of Goods Sold
$18,000
Salaries Expense
22,000
Rent Expense
9,600
Utilities Expense
2,400
Supplies Expense
1,200
Insurance Expense
600
Total Expenses
$53,800
Net Income
$6,200
👥 Stmt of Stockholders' Equity
Common Stock
$10,000
Beginning Retained Earnings
0
Add: Net Income
$6,200
Less: Dividends
(1,200)
Ending Retained Earnings
$5,000
Total Equity
$15,000
⚖️ Balance Sheet
Assets
Cash
$8,400
Accounts Receivable
2,100
Supplies
600
Prepaid Insurance
900
Equipment
3,000
Total Assets
$15,000
Liabilities
Total Liabilities
$0
Stockholders' Equity
Common Stock
$10,000
Retained Earnings
$5,000
Total Equity
$15,000
Total Liab. + Equity
$15,000
💰 Statement of Cash Flows
Operating Activities
Cash from customers
$57,900
Cash paid to suppliers
(18,600)
Cash paid for salaries
(22,000)
Cash paid for rent
(9,600)
Other operating cash
(5,100)
Net Operating Cash
$2,600
Investing Activities
Equipment purchased
(3,000)
Net Investing Cash
$(3,000)
Financing Activities
Owner investment
$10,000
Dividends paid
(1,200)
Net Financing Cash
$8,800
Cash Summary
Net Operating Cash
$2,600
Net Investing Cash
(3,000)
Net Financing Cash
8,800
Net Increase in Cash
$8,400
Beginning Cash Balance
0
Ending Cash Balance
$8,400
🔗 How the Statements Connect
Income StmtEquity Stmt
Net Income $6,200 flows into Add: Net Income
Equity StmtBalance Sheet
Retained Earnings $5,000 appears in the Equity section
Balance SheetCash Flow Stmt
Cash $8,400 is confirmed by Ending Cash Balance
✏️ Your Reflection
Answer before your score is revealed. Be honest with yourself.
Take a moment to think about your experience with this concept check. What accounts or categories gave you trouble, and what finally made them click? If everything felt easy, push yourself a little deeper. Could you explain to a friend why Retained Earnings shows up on two statements, or why Deferred Revenue is a liability and not revenue?
You also saw how the four financial statements connect in Brew and Balance's story. Did anything surprise you about how the statements link together? What is one thing you noticed about how they work as a team rather than four separate reports?
Type at least 40 characters to continue
Results
Final Score
The Mapper
"You charted the territory."
📋 What to Do Next
Download your reflection card and submit the file as directed by your instructor. If you earned the badge, it will appear on the card.
🔄 Want a better score? You can replay this game. Follow your instructor's directions about resubmitting.