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JSS2: BUSINESS STUDIES – 1ST TERM

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  1. Reception Office | Week 1
    8 Topics
    |
    1 Quiz
  2. Office Correspondence | Week 2
    5 Topics
    |
    1 Quiz
  3. Office Documents | Week 3
    2 Topics
    |
    1 Quiz
  4. Trade | Week 4
    2 Topics
  5. Aids to Trade | Week 5
    2 Topics
    |
    1 Quiz
  6. Market | Week 6
    4 Topics
    |
    1 Quiz
  7. Buying and Selling | Week 7
    5 Topics
    |
    1 Quiz
  8. Distribution I | Week 8
    3 Topics
    |
    1 Quiz
  9. Distribution II | Week 9
    5 Topics
    |
    1 Quiz



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Topic Content:

  • Types of Transactions

The main reason for establishing any business is to make a profit. Periodically therefore the businessman would want to ascertain the business profit or loss. To do this, certain values are computed.

These are:

  • Cost of Sales: Cost of sales, which is also called the cost of goods sold, represents the actual cost price of an article.
  • Mark up: This means to increase the price of something that you bought, before selling it, to enable you to make a profit.

 

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