PRINCIPLE OF ACCOUNTS PROJECT
School-Based Assessment (S.B.A)
(Year 2012)
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Submitted by: Danique Arthurs
Year: May/June 2012
Name of School: Charles Fordyce Business College
Name of Teacher: Charles Fordyce
Centre No: 100228
Candidate No:
Territory: Jamaica
Table of Contents Introduction………………………………………………………………..5 Acknowledgement………………………………………………………...6 Description of Business…………………………………………………...7 Location of Business……………………………………………………...8 Objectives of Business……………………………………………………9 Factors of Production……………………………………………………10 Source of Capital………………………………………………………...11 Transactions for the Month……………………………………………...12 Books of Original Entries……………………………………………….13 Cash Book……………………………………………………………….14 Journals………………………………………………………………….15 Sales Ledger……………………………………………………………..16 Purchases Ledger………………………………………………………...17 General Ledger………………………………………………………18-20 Trial Balance…………………………………………………………….21 Trading, Profit and Loss Account……………………………………….22 Balance Sheet…………………………………………………………....23 Budgets Forecast a) Cash Budget………………………………………………………25 b) Sales Budget………………………………………………………26 c) Purchases Budget…………………………………………………27 d) Capital Budget……………………………………………………28 e) Analysis of Balance Sheet……………………………………29-30 Marketing……………………………………………………………….31 Personnel………………………………………………………………..32 Profitability Chart………………………………………………………33 Conclusion and Recommendation……………………………………...34 Appendix a) Interpretation of Accounts………………………………………36 b) Source Document…………………………………………….37-43 c) Questionnaire…………………………………………………….44 d) Organization Chart………………………………………………45 e) Bibliography…………………………………………………….46
Introduction
This project is about my