POA SBA

2015/2016
CSEC Examination

CONCEPT MAP
Conclusion

Recommendations

Analysis
and
Interpretations

2 to 3 Aims

SBA

Ratios

Business
Information

1st Period

2nd Period

1ST TASK

Write two to three aims of the Project

These are personal outcomes you
expect to achieve after having
completed the SBA
Let me check this as soon as you are
finished

Date due: Tuesday, September 29,

2015

2ND TASK
Business Information:
State that this is a simulated business
Give the type of business e.g. Sole Trader
State name and address of the business
Describe the products sold
Give any other information to make it real
State the 2 periods for which the company will
be analysed
List the books and records kept by the
business

Date due Tuesday, September 29, 2015

3RD TASK

Prepare a Trial Balance at the end of the

first period identified in the Business
Information page.
Use the assets and liabilities you were
asked to identify before
Include Sales and Expenses you expect will
match your business
Calculate the Capital as the balancing figure
Date due Monday, October 5th, 2015

4TH TASK
From the Trial Balance you already have:
Prepare an Income Statement for the month
Prepare a Balance Sheet at the same date
Prepare a Closing Entry Journal for the 1 st
period

Date due: Monday, October 12, 2015

5TH TASK

Prepare a list of transactions for the 2 nd

period identified in your Business Information
page. You must include:

Sales in cash and credit (use debtors from 1 period)

Purchases in cash and credit (use creditors from 1 period)
Transfer of cash from or to the bank
Either a Sales Return or a Purchases Return
Payments for similar expenses from the 1 st period
Receipts and payments from Debtors and to
Creditors

Date due: Monday, October 12, 2015

st

st

6TH TASK
Create four (4) Source Documents
using actual transactions from your
transactions list:
Cash Receipt
Invoice (Sales or Purchase
Credit Note
Cheque

Date due: Monday, October 19, 2015

7TH TASK

Enter list of transactions into the Books

of Original Entry
Total and close off these journals

Date due: Monday, October 26, 2015

8TH TASK
Enter in the General Ledger the
opening balances (use the Balance
Sheet figures from the 1st cycle ONLY)

Remember the Capital amount will be the

closing figure

Post the Books of Original Entry to the

General Ledger
Date due: Monday, November 02, 2015

9TH TASK
Balance off the General Ledger
accounts
Extract a Trial Balance at the end of the
2nd period

Date due: Monday, November 09, 2015

10TH TASK
Prepare Income Statement for the 2nd
month
Prepare Balance Sheet at the end of
the month
Prepare Closing Entry Journal for the 2nd
period
Post the Closing Entry Journal to the GL

Date due: Monday, November 16, 2015

11TH TASK

Calculate Ratios for Liquidity and

Profitability for the two periods (side by
side)

Prepare one (1) Bar Graph for an item

Prepare one (1) Pie Chart for another item

Analyse the ratios giving:

Definitions of each
Compare 1st to 2nd period
Comment on each with an interpretation
Date due: Monday, November 23 rd, 2015

12TH TASK

Make recommendations based on the

analysis
Prepare a conclusion statement making
sure to connect with your aims

Monday, November 30th, 2015

13TH TASK

Number each of your pages in a

coherent manner
Prepare a contents page making sure
to include the correct page numbers
You can include your diagrams and
ratio calculation sheet in the appendix
Present in an appropriate folder for
marking
Tuesday, December 1st, 2015