Trial Balance to Financial Statements Game

Discover how accounting figures move from a trial balance to the Profit & Loss statement, then into Retained Earnings and finally the Balance Sheet. In this interactive drag-and-drop game, you’ll practice classifying revenues, expenses, assets, liabilities and equity. See how net profit updates retained earnings and keeps the balance sheet balanced — all while learning by doing!

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How to Use This Interactive Tool

  • Drag each trial balance item into the correct section: Revenues, Expenses, Assets, or Liabilities.
  • The tool will auto-calculate Net Profit in the Profit & Loss Statement.
  • Drag Net Profit into Retained Earnings → it will adjust for dividends and create New Retained Earnings.
  • Finally, drag New Retained Earnings into the Balance Sheet under Owner’s Equity.
  • Watch how Total Assets = Liabilities + Equity balances automatically.
  • Click Play Again at the bottom to reset and practice more!
Interactive Accounting Game: Classify & Link Financial Statements
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Interactive Accounting Game

Classify Items & Build Financial Statements

Drag accounting items into their correct financial statements and discover how the statements connect with each other.

DRAG & DROP
PRACTICAL ACCOUNTING
FINANCIAL STATEMENTS
LEARN BY DOING
How to Play: Drag each accounting item into its correct financial statement. See how Net Profit flows into Retained Earnings, and then into the Balance Sheet. Learn by doing!
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Trial Balance Items

Drag each item to its correct destination
Cash $17,500
Equipment $7,000
Inventory $3,000
Rent Expense $2,000
Utilities Expense $500
Product Sales $12,000
Service Revenue $4,000
Accounts Payable $3,000
Bank Loan $2,000
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Profit & Loss Statement

Calculate Net Profit
REVENUES
Drop Revenue Items Here
EXPENSES
Drop Expense Items Here
Total Revenue $0
Total Expenses $0
Net Profit: $0
Accounting Formula

Revenue − Expenses = Net Profit

Tip: Once Net Profit appears, drag the green Net Profit box into Retained Earnings.
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Retained Earnings

Link Net Profit to Equity
Opening Retained $5,000
Add: Net Profit $0
Less: Dividend − $1,000
New Retained Earnings $0
TRANSFER NET PROFIT
Drop Net Profit Here
New Retained Earnings: $0
Financial Statement Link

Opening Retained Earnings + Net Profit − Dividends = New Retained Earnings.

Once calculated, drag New Retained Earnings into Owner’s Equity.
⚖️

Balance Sheet

Complete the accounting equation
ASSETS
Drop Asset Items Here
LIABILITIES
Drop Liability Items Here
OWNER’S EQUITY
Capital $5,000
Opening Retained Earnings $5,000
Drop New Retained Earnings Here
Total Assets $0
Total Liabilities + Equity $0
ACCOUNTING EQUATION
ASSETS = LIABILITIES + EQUITY
Complete the statements to verify the equation.
💡 Accounting Insight

Learn how Trial Balance items move into the financial statements, how Net Profit is calculated, and how profit flows into Retained Earnings and ultimately becomes part of Owner’s Equity.

Important: A figure may appear in several statements because financial statements are connected. This represents the flow of accounting information, not double-counting.

📚 FINANCIAL ACCOUNTING LEARNING HUB

Continue Your Financial Accounting Learning

This Trial Balance to Financial Statements Game is part of the LearnWithQazi™ Financial Accounting Learning Hub — a structured learning environment designed to help you understand financial accounting through concepts, examples, interactive tools and practical learning activities.

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