Junior certificate business studies scheme of work 1st. This is a standard analysed cash book question for junior cert. The syllabus replaced the intermediate certificate commerce syllabus, which was examined for the last time in 1991. When you have spent all the money in your account and still have access to 600.
Introduction to topic based on students previous knowledge of income and expenditure. Business paper 2 mock jc tmw any advice on how to get over 80% i learnt off trading,profit and loss acc with balance sheet and learned off the. Leaving cert and junior cert exam paper questions and marking schemes listed. Download the junior cert business studies chief examiners report 2012 download the junior cert business studies guidlines for teachers. Post the above balances in the general journal to the relevant ledger accounts and analysed cash book. Practicing past exam questions is really important, especially in the bookkeeping questions. A new jc business studies syllabus will be examined from 2019 onwards. Chapter 12 using an analysed cash book 3 resources. The main errors were the omission of the cheque number column and the opening balance figure. Past papers organised by topic, marking schemes, topic summary notes, flashcards, templates for book keeping questions, revision timetables. By studying business studies it will help you make informed decisions in the everyday business of living, contribute to your understanding of the world of business and help develop skills of enterprise. Welcome to my blog on junior cert business studies. Having studied household budgeting learning outcome 1. This course is designed to revise key elements of the junior certificate business studies syllabus.
Know what side of the analysed cash book it goes on. How well do you remember junior cert business studies. Theory here is a list of definitions for junior cert. Buy junior cert business books secondary school books eason. When the casey household checked their analysed cash book at the end of december 2008, they discovered that their actual income and expenditure for the 12 months differed from the budgeted figures due to the following. Ive also uploaded some notes and videos which will help you with this subject. Mar 25, 2014 business studies junior certificate syllabus retyped july 2006 borrowing cash v. The salaries of the casey household decreased by 26%. Income statement and balance sheets include the future incoming and outgoing cash recorded as credit. Borrowingapr ms bergin, jcbusiness, colaiste mhuire, thurles. Paper 2 160 marks all questions carry equal marks 40 marks draft marking scheme q 1 books of first entry, ledger and trial balance a sales book. Analysed cash book sample exam paper questions 2012 and 2010 exam paper question solutions. The analysed cash book is used to record all money received and all money paid out by a household or business. The analysed cash book and balancing accounts in this section, students will learn all about the importance for a household to manage their income wisely day by day and how to record their income using analysed cash books.
Analysed cash book question packs junior certificate. Mock exam paper d p2 higher level exam papers business. Contra entry where money is switched between the cash ac and bank ac. Activity where students had to decide if items were debit or credit. Welcome to business studies in the junior certificate this page will list revision notes for each chapter on the junior certificate business studies course.
Business breakthrough business breakthrough junior. This is a great online resource for exploring the world of money and personal finance. Basic cash accounts in the last chapter budgets, we. This powerpoint presentation show alternative versions of the way an analysed cash book can appear. The cash book is a chronological record of the receipts and payments transactions for a business. Leaving cert christmas revision courses cork bruce college. The junior cert is well underway, and one of todays exams is business studies. A440 pagesto be used for cash analysis, petty cash, spreadsheets and cash flow. If the pupils have already attempted the questions in the previous chapter, they will be familiar with the routine of taking the debits from the cash book into the credit of the ledger, and from the credit of the cash book to the debit of the. The transactions below the trial balance are shown in the cash book. The junior certificate business studies syllabus was introduced in 1989 and examined for the first time in 1992. The analysed cash book free resources for acca and cima students free acca and cima on line courses free acca, cima, fia notes, lectures, tests and forums.
In some cases, the opening balance figure was analysed under others and included in part b with total income. Mortgage rules crops up on higher paper teacher reaction indicates that higher and lowerlevel papers in line with recent. Junior cycle business lc accounting lc economics lc business student enterprise analysed cashbook. Sample analysed cash book 2011 junior cert question and solution. From first to third year there was no dividing of business subjects, accounting and economics were all piled into. B u s i n e s s studies and maths students are required to display a number of mathematical skills. Coimisiun na scruduithe stait state examinations commission. Network activities and accounts book only junior cert higher and ordinary level educate.
Business studies definitions definitions business studies. Apr 05, 2014 this is a standard analysed cash book question for junior cert. Each resource is mapped to the junior cycle science curriculum specification with key skills indicated. Josephs cbs, drogheda presents a revision video on how to complete a cash account for jc business studies for. Notes for the business studies course for the junior cert. Cash is king and is the blood of a business it has to flow evenly.
A analysed cash book this question was exceptionally well answered. Analysed cash book junior certificate business studies. This webpage has been created by the transition year students of ratoath college as a first step in producing an ebook for a subject. The opening cash will always to be given at the start of the question and can be written down straight away. Past papers organised by topic, marking schemes, topic summary notes, flashcards, templates for bookkeeping questions, revision timetables. The cash book is updated from original accounting source documents, and is therefore a book of prime entry and as such, can be classified as a special journal. Junior cert business studies is really a mix of a few different subjects. Some showed a separate analysis column for clothes and shoes. Business breakthrough enda connolly and eoghan keegan. The statement of cash flows details all cash inflow and outflows and boils it down to how much cash the company has generated in a given period.
B analysed cash book debit side of burkes bakery ltd date 2011 details receipt no f bank mark 105 murphy ltd 35 dl 2,600. We still follow the simple rules of the cash accounts from above, however this time we have to create actual accounts for each transaction we make. The cash book is updated from original accounting source documents, and is therefore a book of prime entry and as such, can be classified as a special journal unlike other special journals such as the purchases journal or the sales journal, the cash ledger book. Get started new junior cert business set textbook activity book by folens school books.
Loss leader a product sold at a very low price to attract customers. Help us make examit better email support if you spot any errors the content of this site is the intellectual property of examit. Impluse buying, opportunity cost, economies of buying, false economies. How to master analyzing the cash flow statement old. Alternatively, students can reference the website when completing research on the world of money. This website covers the entire junior certificate business studies course from start to finish and should help any student preparing for their junior certificate business studies exam in june. I had always felt that the personal financial lifecycle see time for business chapter 4 and lo 1. The analysed cash book and balancing accounts business. Dec 17, 2019 cash book in accounting the cash book is a chronological record of the receipts and payments transactions for a business. Buy junior cert business books secondary school books. Junior certificate business studies scheme of work 1st yr 33 x 3 class periods 2nd yrjc 33 x 4 class periods topic time. Business studies junior certificate syllabus retyped july 2006 borrowing cash v.
Definite question every year 2 budget questions 2012 revised budget 2011. More resources will be added to this collection over time. When the casey household checked their analysed cash book at. The analysed cash book debitmoney in, creditmoney out, contra entries. Download the junior cert business studies syllabus. For the most part the teaching of these skills will involve the reinforcement of skills acquired in maths classes. It has come up every year on the exam paper most basically as a regular analysed cash book, but also in its slightly more complicated variances the farm accounts and club accounts. Sep 02, 2017 having studied household budgeting learning outcome 1. The analysed cash book the analysed cash book is part of household accounts and appears in the business for living section of the junior cert.