Income Statement Junior Cert Business

If you would like to see the multiple step income statement format for a trading business then check out the lesson on sales cost of goods sold and gross profit.
Income statement junior cert business. Business studies key business terms income basic wage payment for working a normal week bonus income in addition to basic pay budget a plan of future income and. The income statement for a trading business a business that buys and sells goods and for a manufacturing business a business that makes goods is quite different to the one shown above. Business theory accounting economics so you re getting a good mix and wide range of study. Junior cycle business studies c kate s parents are giving her an allowance of 150 per month towards her expenses.
Junior certificate business studies junior cert business studies is really a mix of a few different subjects. She has saved 3 600 from her summer job to help fund her first year in college. This new specification for junior cycle business studies covers teaching learning and assessment in business studies for the first second and third years in post primary school. Income and expenditure in this section students will learn about the key components of income and expenditure as well as the importance of keeping records as part of managing their personal finance.
Here is a list of definitions for junior cert. Evie82 junior cert please tell. The main types of income are regular income additional income and benefits in kind perks. Business studies news curriculum resources the business of living income expenditure and budgeting the consumer money and banking insurance economic awareness enterprise information technology fabs literacy.
Junior cert business studies income statement trial balance. What s on the junior. Back to all forums income statement trial balance. Leaving cert and junior cert exam paper questions and marking schemes listed by topic.
Junior cert business studies income 1.