Jan 22, 2010 grade 10 accounting lesson 28 financial statements part 1. Cost accounting calculations, general ledger inventory system. Accounting and bookkeeping software programs actually allow the user to make a single one entry and the software handles creating the debit and credit entries behind the scenes. Accounting grade 10 a comparison of the content from ncs grade 1012 to ncs caps is detailed below for reference. Teach and learn basic accounting principles, bookkeeping skills, and methods. Gift activity 22 day 4 20 23 29 30 doc 151 v 152 153 v 154 155 156 v bs 157. Accounting also called informal bookkeeping a casual operation where few records are kept of income, expenses, stock and other items. Accounting informal bookkeeping for grade 10 youtube. The bookkeeper brings the books to the trial balance stage. Well keep adding to these resources as technology continues to change the business sector and the institutions that serve it. Accounting cycle based on perpetual inventory system. Accounting grade 10 pages 251 300 text version fliphtml5. Assets liabilities owners equity equitycapital net worth revenue expense accounting is the bookkeeping processes that records financial transactions and creates records and statements concerning the assets, liabilities, and.
Bookkeeping refers mainly to the recordkeeping aspects of financial accounting, and involves preparing source documents for all transactions, operations, and other events of a business. Whether youre focused on compliance work or highend advisory services, there are fresh ways of thinking and new ways to work. What is the differences between formal and informal. Companies final accounts, financial statements and notes. Accounting provides information about the financial position of a business or company. Accounting lessons and resources from teachers pay teachers. The subject encompasses accounting knowledge, skills and values that focus on the financial accounting, managerial accounting and auditing fields.
While some of the lessons are pretty advanced, you would definitely get some use out of the first few lessons for your middle school students. Indigenous bookkeeping it can be easy to start a small business with a handful of knowledge. Indigenous bookkeeping ethics introduction gaap principles internal control introduction bookkeeping of sole trader. Survival guide to the fet curriculum and assessment policy. The following is the analysis of the content of the ncs grade 1012 and ncscaps grade r12. Springs girls high school friends public group facebook. The books or records maintained in a singleentry bookkeeping system are daily summary of cash receipts, as. The primary bookkeeping record in singleentry bookkeeping is the cash book, which is similar to a checking account register in uk. Accounting grade 10 pages 1 50 text version fliphtml5. The teaching time for accounting is 4 hours per week, per grade on the timetable, that is, for grade 10, 11 and 12. Informal and indigenous bookkeeping my website why teachsa. Define an informal business and indigenous bookkeeping jobs. Indigenous and informal bookkeeping systems cash journals credit sales and allowances credit purchases and allowances general journal taxation and vat computerised accounting salaries and wages final accounts financial. Accounting grade 10 st udy guide accounting grade 10 via afrika.
Most leaders dont even know the game theyre in simon sinek at live2lead 2016 duration. Grade 10 subject accounting examiner c norman paper 1 duration 2 hours total marks 200 marks content to be revised indigenous bookkeeping ethics and internal control gaap principles accounting equation bookkeeping of sole trader, recording of cash and credit transactions in. Of the seven tasks, the six tasks which are completed during the school year make up 25% of the total mark for accounting, while the endofyear examination is the. Accounting is the bookkeeping processes that records financial transactions and creates records and statements concerning the assets, liabilities, and operating results of a business. Caps acc 1 term 1 week 8 10 bookkeeping of a sole trader.
Grade 10 assessment grade 11 topic grade 11 assessment grade 12 topic grade 12 assessment accounting informal or indigenous bookkeeping systems 50 marks not examinable reconciliations ethics gaap principles internal control financial accounting of a sole trader bookkeeping of a sole trader cash and credit transactions accounting equation sba. These guides will help keep you up with modern accounting and bookkeeping best practice. Grade 10 accounting lesson 28 financial statements part 1. Grade 10 accounting 2016 term topic time one colour accounting.
From general transaction recording conventions to the full accounting cycle and finally to important accounts, the book. Indigenous bookkeeping, ethics introduction, gaap principles. Term topic indigenous bookkeeping ethics gaap principles internal control bookkeeping of sole trader. Bookkeeping is the first step in maintaining and identifying financial records while accountant. Recording of cash transactions crj, cpj, pcj general ledger, trial balance, accounting equation. Bookkeeping and accounting is the process of keeping the financial records of a business or company. Gardens commercial high school accounting grade 10 written report topic. Separate account records are maintained for petty cash, accounts payable and receivable, and other relevant transactions such as inventory. This is the way you present your numbers to the stakeholders employees, shareholders etc. Accounting revision notes and assessment tasks grade 10 0 table. Remote work advice from the largest allremote company. Indigenous business no specific amount as much as possible why did you start this business. Grade 10 subject accounting examiner c norman paper 1 duration 2 hours total marks 200 marks content to be revised indigenous bookkeeping ethics and internal control gaap principles accounting equation bookkeeping of sole trader, recording of cash and credit transactions in the following books. Indigenous and informal bookkeeping systems cash journals credit sales and allowances credit purchases and allowances general journal taxation and vat computerised accounting salaries and wages final accounts financial statements.
Formal bookkeeping identifies with external accounting. Another great website for finding lesson plans, activities, and worksheets is teachers pay teachers. Of the seven tasks, the six tasks which are completed during the school year make up 25% of the total mark for accounting, while the endofyear examination is the seventh task and makes up the remaining 75%. From general transaction recording conventions to the full accounting cycle and.
Indigenous bookkeeping what are the major threats to your business. Companies analysis of published financial statements and audit reports. Aug 09, 2017 most leaders dont even know the game theyre in simon sinek at live2lead 2016 duration. G10 informal and indigenous bookkeeping 311 views g10 salaries and wages 187 views g10 gaap principles 9 views g10 financial accounting of a sole trader 98 views g10 internal control 56 views g10 value added tax 47 views g10 year end adjustments 42 views g10 ethics. Bookkeeping of accounting cycle based on perpetual inventory system. Cfis principles of accounting book is free, available for anyone to download as a pdf. Term topic indigenous bookkeeping ethics gaap principles internal. Accounting round 1 grade 10 grade 11 grade 12 term topic 1. The doubleentry system is still there, but its hidden from the user. Accounting book pdf principles, bookkeeping, statements.
Indigenous bookkeeping, ethics introduction, gaap principles accounting internal control introduction bookkeeping of sole trader. Fol d4 d2 d3 via afrika publishers accounting grade 10 details r. Interview persons who are using informal or indigenous bookkeeping systems to gather all information 10. This type of accounting uses the logical system and accurate recording of finnacial. March test indigenous bookkeeping concepts, cash and. Accounting the subject encompasses accounting knowledge, skills and values that focus on financial accounting, managerial accounting and auditing fields. Basic bookkeeping, page 1 of 3 bookkeeping deals with five major accounting categories. G10 informal and indigenous bookkeeping 311 views g10 salaries and wages 187 views g10 gaap principles 9 views. Internal control introduction bookkeeping of sole trader. Within the context of the accounting cycle identifies and completes, source documents, record the information in the subsidiary journal books of first entry, post to the ledger and drawup the trial balance of a sole trader manually x. Read about bookkeeping, accounting principles, financial statements, with 66 pages of lessons and tutorials. The one exception is the general journal where the user does enter debits and credits.
No questions on indigenous bookkeeping, but short questions about accounting principles, journals, source documents and nb internal controls p30 34. The programme of assessment for accounting in grade 10 consists of seven tasks which are internally assessed. This gives the students a better idea of what the subject entails before the subject choice for grade 10 is made. It is registered, follows government rules and regulations, and has employees and employers union. Accounting equation recording of cash and credit transactions combined vat salaries and wages final accounts sole trader. Seventh grade eighth grade ninth grade tenth grade eleventh grade twelfth grade k12 middle school high school students adults teens teenagers young people. Accounting is already introduced to the students in grade 9, as part of the economic and management sciences syllabus. Either the national standards dutchgaap, in the nethelands. Environmental education resources to commemorate earth days 50th anniversary. Accounting equation recording of cash and credit transactions combined vat salaries and wages. Accounting concepts gaap principles bookkeeping accounting equation. Caps acc 1 term 1 week 8 10 bookkeeping of a sole trader topic bookkeeping of a sole trader. These fields cover a broad spectrum of accounting concepts and skills to prepare learners for a variety of career opportunities. Ledgers, debtors and creditors lists, trial balance.
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