Principles of Accounts
Caribbean Secondary Examinations Council
School Based Assessment (S.B.A.)
Candidates Name: Annisa Lemonious
Candidate Number:
Sub-Topic: Digicel
Topic: To investigate how the introduction of technology will impact on sales and profitability at
Digicel
School: Distinction College
Centre Number:
Territory: Jamaica
Acknowledgement
I would like to express my sincere gratitude to everyone who contributed to the success of our
mission. Firstly, I would like to extend my gratitude to Shamoy Dacres for his invaluable support
and assistance in conducting the research that was necessary to complete this mission.
I would like to express my sincere gratitude to all those who contributed to the success of their
mission.
Secondly, to express my gratitude to my colleagues for providing me with the necessary
materials and support to complete this task. I would also like to extend my sincere thanks to Mr.
Matthews for his valuable help and advice, which greatly contributed to the successful
completion of this project.
Last but not least, I am grateful to God for His mercy towards me and for providing me with the
strength and guidance to overcome any challenges that come my way.
Introduction
This assignment is for a business that was established approximately two (2) decades ago and is
located in a busy area, allowing the business to generate large amounts of money every day to
carry out its operations. This assignment contains all information about this Digicel Jamaica
Limited. This information which this assignment contains includes the financial statements for
the period ending September 30, 2019. This assignment serves to keep track of the profit and
sales that go inside the business from its technology. There are this assignment provides a clear
view of all the operations that were profitable from sales the business undergoes on a day-to-day
basis.
Table of Content
Cover Page
I
Title Page
II
Acknowledgement
III
Introduction
IV
Aim of the Project
1
Description of Business Entity
2
Mission Entity
3
Logo and Slogan
4
Accounting Cycle
5
Accounting Information
❖ Jounrals
❖ Cash Book
❖ Ledgers
❖ Trial Balance
6-7
8
9-13
14
❖ Stock Valuation
15-19
❖ Trading, Profit and Loss and Appropriation A/c
20-21
❖ Balance Sheet
22
❖ Bank Reconciliation Statement
23
❖ Accounting Ratios
24-25
Performance of the Business
26
Comparisons
27
Recommendations and Suggestions
28
Conclusions
29
Appendix
❖ Price list (showing mark up %)
❖ Diagrams
❖ Charts and Graphs
❖ Pictures
❖ Invoices, Cheques, Receipts etc
References
30
Aim of the Project
The aim of this project is:
❖ To arrive at a comprehensive understanding of how technology brings profit to a
business.
❖ To present the financial statements for the year ended Spetmber 30, 2019 for Digicel
Jamaica Lmiited
❖ To highlight the strength and the weakness of Digicel Jamaica Limited.
Description of the Business Entity
Digicel, a leading provider of communication services in the Caribbean and South Pacific
regions, offers a range of products and services to retail, corporate, and government customers.
With a market share of over 50% in 22 markets, Digicel holds the number one mobile market
position in 25 of its markets, including 31 markets offering HSPA+ or LTE technology.
Launched in Jamaica in 2001, Digicel currently has 13.3 million mobile subscribers. In case of
any emergencies you can email us at customercare@digicelgroup.com or call 1-876-619-DIGI
(3444).
Digicel Mission Statement
Mission:
We aim to mobilize and distribute resources across Jamaican communities to improve education
at the early childhood and primary school levels, increase access and opportunities for persons
with special needs and stimulate sustainable entrepreneurial activity.
Logo and Slogan
Logo
Slogan
Accounting Cycle