Cash is king and is the blood of a business it has to flow evenly. 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. Free flashcards to help memorize facts about junior cert club theory. Business studies definitions definitions business studies.
Appendix junior cert business studies syllabus resources this list. 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. This is a standard analysed cash book question for junior cert. From first to third year there was no dividing of business subjects, accounting and economics were all piled into. With thanks to our friends in moyne community school, here is a powerpoint summary of most of the junior cert business studies course. This powerpoint presentation show alternative versions of the way an analysed cash book can appear.
Well done to josh, who got 100%, as did diego, aaron, sarah cullinan. The competition and consumer protection commission ccpc is delighted to offer money matters, a personal finance course for junior cycle. Junior certificate business studies guidelines for teachers. Loss leader a product sold at a very low price to attract customers. East glendalough school junior cert business studies provides a resource for students and teachers of junior certificate business studies. A analysed cash book this question was exceptionally well answered. It is suggested that the analysed cash book be the core of the financial record keeping area and that the bookkeeping process be built up from that foundation. How well do you remember junior cert business studies. Sep 02, 2017 once again this is a topic which is very familiar to teachers of the previous junior cert curriculum and i didnt approach or teach it any differently than i had done in the past. Mar 25, 2014 an roinn oideachais agus eolaiochta the junior certificate business studies guidelines for teachers 1. It is suggested that the analysed cash book be the core of. Balance the difference between the two sides of an account.
The junior cert is well underway, and one of todays exams is business studies. Download the junior cert business studies chief examiners report 2012 download the junior cert business studies guidlines for teachers. Leaving cert and junior cert exam paper questions and marking schemes listed by topic. Coimisiun na scruduithe stait state examinations commission. There is also a sample consumer question from the junior cert paper in 2008. In some cases, the opening balance figure was analysed under others and included in part b with total income. Analysed cash book this question was exceptionally well. Free acca and cima on line courses free acca, cima, fia notes, lectures, tests. Excellent opportunity to give weaker students more help and support during the lesson.
Other activities to help include hangman, crossword, word scramble, games, matching, quizes, and tests. Borrowingapr ms bergin, jcbusiness, colaiste mhuire, thurles. Analysed cash book sample exam paper questions 2012 and 2010 exam paper question solutions. Business studies junior certificate syllabus retyped july 2006 section one.
This topic appears often in the junior certificate at both ordinary and higher level. The junior certificate business studies syllabus was introduced in 1989 and examined. In the analysed cash book we have two columns on each side, one for cash and one for bank. The business of living budgeting students are introduced to the matching of income with expenditure income sources, regular and additional statutory deductions and consequent benefits. The main errors were the omission of the cheque number column and the opening balance figure.
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. Analysed cash accounts upon completion students should, from given data, be able to. Form of ownership and assessing a business question. The purpose of this report is to inform teachers of the performance of the candidates in the junior certificate examination in business studies at higher level. You should have no problems getting 4040 in a question like this. Free flashcards to help memorize facts about junior cert business studies. Josephs cbs, drogheda presents a revision video on how to complete a cash account for jc business studies for.
It introduces opening balances in the accounts and analyses columns in the cash book. 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. Money talks, follow the money, taking control of your money and keeping yourself covered. When the casey household checked their analysed cash book at the end of.
Help us make examit better email support if you spot any errors the content of this site is the intellectual property of examit. The analysed cash book now allows us to record our actual income and expenditure that happens in a given period example. Apr 05, 2014 this is a standard analysed cash book question for junior cert. Business studies ordinary level section b 300 marks all questions carry equal marks 60 marks marking scheme. Contra entry where money is switched between the cash ac and bank ac. This online resource covers four strands including. To project the closing cash at the end of each month. Debit and credit transactions and balancing the analysed cash book. When the casey household checked their analysed cash book at the end of december 2008, they discovered that their actual income and expenditure for. More resources will be added to this collection over time. First class revision resources, prepared exclusively by educational experts, for junior cert, leaving cert, gsce and alevel.
Download the junior cert business studies syllabus. In the last chapter budgets, we learned how important it is to plan ahead with regards to our income and expenditure so that we live within our means and do not overspend. Dec 17, 2019 cash book in accounting the cash book is a chronological record of the receipts and payments transactions for a business. Welcome to my blog on junior cert business studies. I emphasised the difference between the plan of what was expected to happen household budget and the record of what actually occurred analysed cash book. 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. Please tell us why you are reporting this post report. Analysed cash book used to record actual income and expenditure of the household. In this section, students will learn all about the importance for a household to manage their income. Most farmers will keep an analysed cash book to record daily receipts and payments. The topic also has the real life value for students which can give them an understanding of how business accounts are kept. Analysed cash book junior certificate business studies. Practicing past exam questions is really important, especially in the book keeping questions. The cash book is a chronological record of the receipts and payments transactions for a business.
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. Junior certificate business studies scheme of work 1st. Analysed cash book question packs junior certificate. How to master analyzing the cash flow statement old. Does anyone know if for hl you have to draw up your own ledgers and analysed cash books etc. You know how much you have to pay back each month as the repayments stay the same. These are used to keep a record of all your transactions sample analysed cash book 2011 junior cert question and solution. Definite question every year 2 budget questions 2012 revised budget 2011. You know how much you have to pay back each month as the repayments stay. Help us make examit better email support if you spot any errors. Junior cert business studies is really a mix of a few different subjects.
Past papers organised by topic, marking schemes, topic summary notes, flashcards, templates for book keeping questions, revision timetables. May 25, 2016 this video tutorial looks at how to complete a cash book. Debit receipts money in analysed cash book credit payments money out to be able to. Past papers organised by topic, marking schemes, topic summary notes, flashcards, templates for bookkeeping questions, revision timetables. Notes for the business studies course for the junior cert. Sample analysed cash book 2011 junior cert question and solution. Analysed cash book and monitoring of overheads question.
Junior cert online grinds online revision the institute. It is a complex topic, but close to the standard needed for the junior certificate examination. Practicing past exam questions is really important, especially in the bookkeeping questions. Junior cycle business lc accounting lc economics lc business student enterprise analysed cashbook. Planning a business club accounts 2 cash books and ledgers farm accounts 2. Once again this is a topic which is very familiar to teachers of the previous junior cert curriculum and i didnt approach or teach it any differently than i had done in the past. To date we have resources for the following learning objectives. Income statement and balance sheets include the future incoming and outgoing cash recorded as credit. Make the most of your studies and prepare for the junior cycle exams by enrolling on our intensive junior cert online grinds at the institute of education. Some showed a separate analysis column for clothes and shoes.
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. 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. The analysed cash book debitmoney in, creditmoney out, contra entries assets and liabilities income and expenditure discussion on the significance of a surplus and a deficit budget for families questions in work book analysed cash book question test budget comparison statements week 1516 students will be able to. Revision of everything ratoath college business studies. This chapter builds on the knowledge gained in the previous chapter. This video tutorial looks at how to complete a cash book. Leaving cert and junior cert exam paper questions and marking schemes listed. Junior certificate examination 2000 business studies higher and ordinary levels chief examiners report. 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. The transactions below the trial balance are shown in the cash book. Leaving cert christmas revision courses cork bruce college.
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