JSS 3 Business Studies

SUBJECT: BUSINESS STUDIES CLASS: JSS3 TOPIC: SAMPLE OF A SIMPLE SINGLE  BUSINESS PLAN Study this note and answer the questions.   This business plan is for Royal Fashion. Royal Fashion produces female and children’s wears. ADDRESS: No. 16 Dita Rd Portharcourt. TELEPHONE: 00700729881   OBJECTIVE: To produce quality female and childrens’ outfits. To generate revenue,…

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SS 1 ACCOUNT ASSIGNMENT

ASSIGNMENT ON TRIAL BALANCE FOR SS1.  ACCOUNTING/BOOKKEEPING.                    From the balances of Chioma Enterprises, prepare the trial balance for the year ended 31st December 2019.  Capital #9,000, sundry expenses #300, bills receivable 5,000, Creditors #10,000, returns inwards 2,130, returns outwards #1,250, furniture and fittings #33,361, freehold property #40,000, carriage outwards #152, bad debts #68, cash #18,000,…

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SS 2 ACCOUNT/BOOK KEEPING

Week three lesson  Subject: Accounting/Bookkeeping  Class: SS2: Topic: Single Entry/Incomplete Records Subtopic: Preparation of final Accounts from a set of incomplete records. INTRODUCTION: Business organizations whose books are being kept under the single entry system may decide to improve the system of accounting by introducing a complete double entry system. It is possible for complete…

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