!"#$%#!&'( *+ ,%%*-$.

(
%,"#//',$ '0,1#$,.#*$ %*-$%#&
%('% 2 (%3**& /,('4 ,(('((1'$.


5'$'",& #$+*"1,.#*$

1hls School 8ased AssessmenL (S8A) represenLs 20 of Lhe flnal
examlnaLlon mark. .6 6789:; 9 <=9>?@ ?9AB C8D>?;8 EDC8 CD7E:8 9; (/,.
1he followlng lLems are Lo be lncluded ln Lhe flnal package submlLLed.

! Cover lnformaLlon
! 1able of conLenLs
! Alms of Lhe pro[ecL
! uescrlpLlon of Lhe buslness
! llnanclal resulLs for Lhe perlod (l.e. an lncome sLaLemenL for Lhe
monLh ended 30
Lh
SepLember,2010 and a balance sheeL as aL LhaL
daLe)
! SLaLemenL abouL Lhe performance of Lhe buslness supporLed by
approprlaLe raLlos
! SuggesLlons/8ecommendaLlons
! Concluslon
! Appendlx conLalnlng all source documenLs, ledgers, a Lrlal balance,
charLs and graphs

1he accounL names and accounL numbers shown ln Lhe charL of accounLs
aLLached are Lo be used LhroughouL Lhe S8A.

SLudenLs are Lo provlde a manlla folder whlch wlll be used Lo sLore all work
done. SLudenLs should wrlLe Lhelr names ln block leLLers on Lhe fronL of Lhe
folder.









Some raLlos you may use ln your analysls of Lhe buslness' performance are:
! Culck raLlo
! neL proflL/sales
! Cross margln
! Mark-up
! uebLors' Lurnover
! CredlLors' Lurnover


.FG:A9H (:EDH98?> (/,
A Lyplcal S8A may use a slmulaLed buslness such as Lhe one shown on Lhls
page. ?ou may use lL Lo pracLlce and Lhen check Lhe suggesLed soluLlon aL
our webslLe.
8ackground
Mr. C L laLlma owns and operaLes a sporLlng goods sLore ln Lhe
name of laLlma SporLs. uurlng Lhe perlod SepLember 2- SepLember
30, 2010, hls bookkeeper was very lll. laLlma could only noLe on hls
lapLop compuLer Lhe varlous LransacLlons as Lhey occurred durlng
LhaL perlod. Pe dld noL have Llme Lo prepare any accounLlng enLrles
as he had Lo concenLraLe on runnlng Lhe buslness. laLlma has asked
you Lo asslsL by preparlng Lhe lncome sLaLemenL and balance sheeL
of Lhe flrm for Lhe perlod 2-30 SepLember, 2010.

Cpenlng balances
laLlma has provlded you wlLh Lhe Lrlal balance as aL 31 AugusL 2010:
A/C
number AccounL name ur. Cr.
CL 001 CaplLal 110023
CL 002 urawlngs 0 0
CL 003 urchases 0 0
CL 004 urchases 8eLurns 0 0
CL 003 Sales 0 0
CL 006 Sales 8eLurns 0 0
CL 007 Cash reglsLers 12000
CL 008 MoLor van 24000


CL 009 8enL prepald 400
CL 010 Wages accrued 300
CL 011 MoLor Lxpenses accrued 400
CL 012 LlecLrlclLy accrued 900
CL 013 lnsurance prepald 1100
CL 014 ulscounLs allowed 0 0
CL 013 ulscounLs recelved 0 0
CL 016 rovlslon for depreclaLlon: MoLor van 400
CL 017 rovlslon for depreclaLlon: Cash reglsLers 100
CL 018 SLock 11800
CL 019 rovlslon for bad debLs 0 0
CL020 Cash 1330
CL021 8ank 43973
CL022 uebLors-per sales ledger 32800
CL023 CredlLors-per purchases ledger 13300
127423 127423

uebLors' balances as aL 31 AugusL 2010

SL 206 k. klng LLd 31800
SL 198 n. lrlday 1000
32800

CredlLors' balances as aL 31 AugusL 2010

L24 l. !ones 11000
L12 C. 8radley 4300
13300

1he flrm uses Lhe general ledger accounLs shown ln Lhe Lrlal balance as well as Lhe
followlng accounLs:
CL40 8enL expense
CL41 Wages expense
CL42 MoLor expenses
CL43 LlecLrlclLy expenses
CL44 lnsurance expense
CL43 uepreclaLlon expense: MoLor van
CL46 uepreclaLlon expense: Cash reglsLers





AddlLlonal lnformaLlon
1 1he flrm uses a Lhree - column cash book Lo record deLalls of cash/bank
LransacLlons. 1oLal recelpLs and LoLal paymenLs are reflecLed ln a cash
accounL (CL020) and a bank accounL (CL021) LogeLher wlLh Lhe openlng
and closlng balances.
2 SLock aL 30 SepLember 2010 ls valued aL $24,130
3 uepreclaLlon ls Lo be provlded on Lhe sLralghL llne basls as follows
10 Warehouse flxLures
20 MoLor van
A full monLh's depreclaLlon ls Lo be charged for SepLember.
4 CreaLe a provlslon for bad debLs LoLallng 10 of closlng debLors.
3 lncurred expenses for SepLember were:
$
8enL 200
Wages 300
MoLor 830
LlecLrlclLy 1600
lnsurance 100


1ransacLlons

2-Sep-2010 8oughL cash reglsLer paylng ln cash $1000
3-Sep-2010 8oughL goods on credlL: C.8radley $4000,C.SLanley LLd $20000,
l. !ones $6000
4-Sep-2010 ald moLor expenses $1000 by cheque
3-Sep-2010 Sold goods on credlL Lo: k. klng LLd $30000,8. lrancls $3300
n. lrlday $10000
6-Sep-2010 ald $300 ln cash for wages
8-Sep-2010 Coods reLurned Lo us from: k. klng LLd. $1000,8. lrancls $300
9-Sep-2010 8ecelved $20000 cheque from k. klng LLd.
10-Sep-2010 We reLurned goods Lo: C. SLanley LLd. $2000,l. !ones $1000
11-Sep-2010
8ecelved cheque from 8. lrancls Lo seLLle accounL, afLer
deducLlng
3 dlscounL.
12-Sep-2010 ald cheque for a LoLal of $10000 Lo seLLle SLanley's accounL. A
cash dlscounL for Lhe balance had been deducLed.
13-Sep-2010 Cash sales pald dlrecL lnLo Lhe bank $3000
17-Sep-2010 Cash sales $6000
18-Sep-2010 ald moLor expenses by cash $230
19-Sep-2010 Cash drawlngs $2300
20-Sep-2010 ald for elecLrlclLy by cheque $1000

1here were no oLher LransacLlons for SepLember 2010.


When you have compleLed Lhe S8A and checked Lhe suggesLed soluLlon, Lry Lo
deLermlne Lhe score you would have galned. use Lhe LemplaLe on Lhe nexL Lwo pages Lo
crlLlque yourself.
All Lhe besL and have fun!!


S8A Marklng 1emplaLe: ueLalled Mark Scheme
SLudenL name:
knowledge AppllcaLlon lnLerpreLaLlon
1,0 1,0 1,0
!"'('$.,.#*$
!"#$%&
1able of conLenLs lncluded 1
Alms clearly sLaLed 2
4 dlff. Lypes of source doc used 1
ulagrams,plcLures and Lables used 1
lnformaLlon properly sequenced 1
8eporL ls neaLly and Lldlly presenLed 1
1oLals I 0 J
()!)*"+,)
SlmulaLed or acLual buslness enLlLy ldenLlfled and acLlvlLles
descrlbed 1
8elevanL lnformaLlon and records of Lhls enLlLy provlded 1
1oLals K
,$-.!)&)+)//
Speclfled perlod under revlew sLaLed 1
A mlnlmum of flve accounLs compleLed and balanced Lo daLe 1
All secLlons of Lhe pro[ecL ln evldence and reporL duly compleLed 1
1oLals L
,!!&#%,.#*$ *+ !"#$%#!&'(
",,%("&) %/) $0 .(1+,1.!)/
Cash/8ank AccounL 1
lncome sLaLemenL 1
Any oLher accounLs 1
Any book or books of orlglnal enLry 1
Classlfled balance sheeL 1
1oLals M
,$((),& (),$(21+3 $0 2"&" 0($-
Cash recelpL 1
8ank documenL 1
lnvolce 1
Any oLher relaLed documenL 1
1oLals N
",,%(",# $0 ()/%!&/ "/ /&"&)2 1+
8alances c/d 1
roflLs/losses 1
8alances Lransferred 1
1rlal balance LoLals agreelng 1
8alance sheeL balanclng 1
1oLals

M




knowledge AppllcaLlon lnLerpreLaLlon
%*$%&-(#*$O(-11,"PO'Q,&-,.#*$ 1,0 1,0 1,0
" ,$((),& /&"&)-)+& "4$%& &5) .)(0$(-"+,) $0 &5)
4%/1+)// $.)("&)2 $( /1-%!"&)2 K
0%(&5)( 1+&)(.()&"&1$+ $0 ()/%!&/
8aLlos lncluded (1 mark each, maxlmum 2 marks) 2
Comparlsons made (beglnnlng wlLh end) 2
1oLals N
/%33)/&1$+/ "+2 (),$--)+2"&1$+/
Any Lwo recommendaLlons or suggesLlons regardlng Lhe buslness K
,$+,!%/1$+
8elevance of concluslon ln relaLlon Lo sLaLed alm of Lhe pro[ecL K
,$--%+1,"&1$+ $0 1+0$(-"&1$+ 1+ " !$31,"! 6"# %/1+3
,$((),& 3("--"(
no grammaLlcal errors or flaws and exLenslve use of approprlaLe
accounLlng Lerms
4

Some grammaLlcal errors and good use of approprlaLe accounLlng
Lerms
3

Some grammaLlcal errors and llmlLed use of approprlaLe accounLlng
Lerms
2

numerous grammaLlcal errors and poor use of approprlaLe
accounLlng Lerms
1

numerous grammaLlcal errors and no use of approprlaLe accounLlng
Lerms
0

1oLals N