Hello dear students,
ClassWork.LK is now ready to give you the most clearest and accurate short notes in Sinhala medium for O/L Business and Accounting Studies. Short notes of this subject have been prepared to cover the following topics. They are,
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- Introduction to Trade and Supporting Services
- Management
- Marketing
- Financial statements of a business
- Financial statements Including the Adjustments
- Not for Profit Organizations
- Statement of Production Cost
- Investments
Contents
Trade And Supporting Services
The short notes presented under this lesson are prepared to cover the following topics. Those topics are Introduction to trade and supporting services, Trade, Supporting services (banking, insurance, communication, transportation).
Business & Accounting Studies / Grade-11 / Lesson-01 / Trade And Supporting Services / Part-01
Business & Accounting Studies / Grade-11 / Lesson-01 / Trade And Supporting Services / Part-02
Business & Accounting Studies / Grade-11 / Lesson-01 / Trade And Supporting Services / Part-03
Management
The short notes presented under this lesson are prepared to cover the following topics. Those topics are Introduction to management, Functions of management which are planning, organizing, leading, and controlling (management process).
Business & Accounting Studies / Grade-11 / Lesson-02 / Management / Part-01
Marketing
The short notes presented under this lesson are prepared to cover the following topics. Those topics are Introduction to marketing, Target market, Marketing mix which includes the product, price, place, and promotion.
Business & Accounting Studies / Grade-11 / Lesson-03 / Marketing / Part-01
Financial Statements of a Business
The short notes presented under this lesson are prepared to cover the following topics. Those topics are Introduction to financial statements, Profit or loss statement that calculates the net profit of a business, Statement of financial position which shows the balances of assets, liability, equity as at a given date.
Business & Accounting Studies / Grade-11 / Lesson-04 / Financial Statements of a Business / Part-01
Financial Statements Including the Adjustments
The short notes presented under this lesson are prepared to cover the following topics. Those topics are Introduction to adjusting entries, Recording of adjusting entries (accrued expenses, accrued income, Bad debts, depreciation), Presentation of non-current assets in the statement of financial position, and Presentation of financial statements incorporating the adjusting entries.
Not for Profit Organizations
The short notes presented under this lesson are prepared to cover the following topics. Those topics are Introduction to not-for-profit organizations, Financial statements of not-for-profit organizations (Receipt and Payment Account, Income statement).
Business & Accounting Studies / Grade-11 / Lesson-06 / Not for Profit Organizations / Part-01
Statement of Production Cost
The short notes presented under this lesson are prepared to cover the following topics. Those topics are Introduction to production cost, Elements of the product cost (direct material cost, direct labor cost, direct other cost, indirect material cost, indirect labor cost, other indirect cost), Calculation of product cost, Preparation of statements on the production costs, Preparation of cost statements using a spreadsheet package.
Business & Accounting Studies / Grade-11 / Lesson-07 / Statement of Production Cost / Part-01
Investments
The short notes presented under this lesson are prepared to cover the following topics. Those topics are Introduction to investment, Factors to be considered when selecting an investment method, Different types of investment methods (savings account, fixed deposit, purchasing of properties, investing in shares, investing in treasury bills), Starting and maintaining one’s own business, Returns of those different investment methods.
Business & Accounting Studies / Grade-11 / Lesson-08 / Investments / Part-01
So, we, the team of ClassWork, sincerely wish you the strength, courage, and luck to study all these lessons very well and achieve a very great result for both term tests and the final Ordinary Level examination.