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What do I need to know
by Elisha447 Junior Cert Business Studies — 12/06/16 5

For paper 1 and 2 what kind of accounting do I need to know.?? For paper 1 I know household budgets and national expenditure. For paper 2 I know the final account(trading profit loss) and petty cash and analysed cash book. I'm not doing the ledger account. Are there any other accounting type questions I should know??


5 Comments
Readelly2251 — 12/06/16
paper 1 long qs topics include : - household budget (definite q) - club accounts (definite q) - consumer - money and banking (including bank reconciliation statements) - savings and investments - borrowing - economics/ foreign trade/ national budget - insurance - people at work - letter/report writing - information technology
Readelly2251 — 12/06/16
paper 2 topics include - Day books, ledger trial balance (definite q) - business documents (definite q) - trading, profit and loss and balance sheet (definite q) - forms of business / forming a business - monitering overheads - marketing - delivery systems/ transport / channels of distribution / chain of production - assessing a business - report / letter writing - service firms / farm accounts - business plan - finance for business / financial planning - analysed cash book / petty cash book - cash flow statements - bank statements / bank reconciliation statements - insurance of a business - selling on credit/ bad debts - information technology
Sportygirl124 — 12/06/16
thanks this helped a lot
Feery — 12/06/16
Does anyone know if a bank reconciliation statement could come up or a cash correction account?
mathswhiz101 — 12/06/16
its unlikely i'd say
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