Grade 9 EMS term 1 and 2 Guide

, Term 1

Lesson 1 - Concepts and calculations
Financial literacy term 1 Lesson 2 - cash transactions
Lesson 3 - effect of cash transactions on
The accounting equation
Lesson 4 - crj & cpj
Lesson 5 - posting of journals to the
general Ledger
Lesson 6 - trial balance

,Concepts covered in this lesson:
● Accounting equation
● Assets
● Liabilities
● Owner’s equity Grade 9 ems Term 1 Lesson 1 of 6
Financial literacy: trading business
● Income
● Expenses
● Cash register roll
● Duplicate receipt
● Electronic fund transfers (eft)

, Concepts covered in this lesson:
● Trading
● Selling price
● Cost price
● Profit mark-up % Grade 9 ems Term 1 Lesson 1 of 6
Financial literacy: trading business
● stock/goods/merchandise
● Sales
● Cost of sales