WORK SCHEDULE FOR GRADE 9 – EMS Weeks 1 -2 (15/1 – 24/1) 3-4 (27/1 – 7/2 5–7 (10/2 – 28/2) Topic Financial Literacy: Service business Financial Literacy: Cash transactions of trading business Financial Literacy: Cash journals, posting to General Ledger and Trial Balance Module 1 2 3 Knowledge and concepts/content PHASE 1 - 2014 Definitions and terminology Spreadsheet Cash Journals General Ledger Trial Balance Accounting Equation Task 1.1 1.2 1.3 1.4 1.5 1.6 1.7 Matching of columns Spreadsheet Cash Journals General Ledger Trial Balance 2.1 2.2 2.3 2.4 2.5 Definitions Calculations on mark-up % Spreadsheet Documents used in a trading business New ledger accounts for a trading business 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 3.1 3.2 3.3 3.4 Cash Journals General Ledger Trial Balance Accounting Equation 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 Group work and discussion Calculations Accounting Equation Spreadsheet Matching of columns Practical demonstration – completing source documents Cash Journals General Ledger Trial Balance Calculations Analysis of information Accounting Equation 4.1 4.2 4.3 4.4 4.5 4.7 4.8 4.9 4.10 4.11 4.12 4.13 4.14 1.1 1.2 1.3 1.4 1.5 1.6 4.1 8 – 10 (3/3 – 20/3) 11 Financial Literacy: Credit sales and receipts from debtors 4 4.2 4.3 4.4 4.5 Different ways of customers to buy on credit The National Credit Act Effect on Accounting Equation Credit sales transactions - DJ Amounts received from credit customers PHASE 1 CONTROL TEST Form of Assessment Structured questions Accounting Equation Calculations Debtors Journal Cash Journal General Ledger Weeks 12 – 14 (7/4 – 25/4) 15 – 16 (5/5 – 16/5) 17 – 18 (19/5 – 30/5) 19 – 20 (2/6 – 13/6) 21 – 22 Topic Financial Literacy: Posting to the Debtors Ledger & preparing Debtors Lists Financial Literacy: Credit purchases & payments to creditors Financial Literacy: Posting to the Creditors Ledger & preparing Creditors Lists Financial Literacy: Debtors and Creditors: Returns & Allowances Module PHASE 2 Knowledge and concepts/content 5.1 Using a Debtors Ledger 5.2 Preparing a Debtors List 5 6 6.1 Effect on Accounting Equation 6.2 Credit purchases 6.3 Payments to suppliers 7.1 Using a Creditors Ledger 7.2 Preparing a Creditors List 7.1 7.2 7.3 8.1 Returns made buy credit customers – DAJ 8.2 Returns of credit purchases to suppliers – CAJ 8.3 Effect on Accounting Equation 8.1 8.2 8.3 8.4 8.5 8.6 7 8 Task 5.1 5.2 5.3 5.4 5.5 6.1 6.2 6.3 PHASE 2 – JUNE EXAMINATIONS Form of Assessment Analysis and Interpretation Journals Debtors Ledger Debtors List 6.4 6.5 6.6 Accounting Equation General Ledger Cash Journal General Ledger Analysis and Interpretation General Ledger Creditors Ledger Creditors List 8.7 8.8 8.9 8.10 8.11 Accounting Equation Journals Subsidiary Ledgers General Ledger Debtors/Creditors List Weeks Topic Module 9.1 9.2 9.3 23 – 25 (21/7 – 8/8) Financial Literacy: Accounting Concepts 9.4 2 26 – 27 (11/8 – 22/8) 28 – 31 (25/8 – 19/9) 32 – 35 (22/9 – 3/10) (13/10 – 24/10) Financial Literacy: Source Documents Financial Literacy: Overview of the Accounting Cycle – Cash Journals Financial Literacy: Cash Journals; General Ledger & Trial Balance Topic 38 – 41 Financial Literacy: Cash Transactions of Trading Business (10/11 – 5/12) 42 Form of Assessment Contextual analysis Statement of Net Worth Spreadsheets Matching of columns Practical demonstration – completing source documents Structured questions 11.1 Flow of entries in the Accounting Cycle 11.2 Cash Journals/Spreadsheets 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 4.10 4.11 4.12 4.13 Matching of columns Case Study: CRJ Case Study: CPJ Accounting Equation 12.1 General Ledger 12.2 Trial Balance 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 5.10 5.11 5.12 5.13 Spreadsheet Matching of columns Rough T accounts General Ledger accounts Trial Balance Multiple Choice 5 2 (Grd 9 textbook) 2.12 2.13 2.14 2.15 2.16 2.17 2.18 2.19 2.20 3.1 3.2 3.3 3.4 4 Module Task 2.1 2.2 2.3 2.4 2.5 2.6 2.8 2.9 2.10 2.11 10.1 Source Documents 3 36 – 37 Weeks PHASE 3 Knowledge and concepts/content Wealth Accounting Concepts Using a Spreadsheet to record financial transactions of an individual Finances of a small service business OCTOBER/NOVEMBER EXAMINATIONS PHASE1 Knowledge and concepts/content Task 13.1 Cash transactions of a trading 2.1 transactions. 2.3 13.2 Effect on cash transactions of the 2.4 Accounting equation 2.5 2.6 2.7 Phase 1 – Form of Assessment Contextual analysis Calculations Accounting Equation Spreadsheet Matching of columns General Ledger