BGCSE Bookkeeping & Accounts case studies
BGCSE Bookkeeping & Accounts · Put your knowledge to work in context.
The BGCSE Bookkeeping and Accounts examination is a Bahamas General Certificate of Secondary Education subject award that recognises a candidate's command of the accounting cycle as it is taught in Bahamian secondary schools. It suits students completing senior secondary schooling, candidates preparing for further study in business or accounting, and school-leavers who want a formal record of practical bookkeeping skill for entry-level office, retail or clerical work. The syllabus moves from the accounting equation and core concepts, through double entry and the books of original entry, into ledger work, the trial balance and error correction. Candidates then meet bank reconciliation and control accounts, depreciation and period-end adjustments, and the preparation of financial statements for sole traders. The BGCSE Bookkeeping & Accounts case studies are 5 cases and about 3,053 words.
1The Suspense Account That Would Not Clear
Kabelo keeps the books of a small hardware store. On 31 March his trial balance totals were P184,620 debit and P185,100 credit, so he opened a suspense account with the P480 difference.
537 words, about 3 min2Bank Statement Versus Cash Book at MmaMma Traders
On 30 June the cash book of MmaMma Traders showed a debit balance of P3,140. The bank statement on the same date showed a credit balance of P4,905.
574 words, about 3 min3Depreciation Policy Change at a Sole Trader
Moyo runs a delivery business. On 1 January 2024 he owned three vans: Van A bought January 2022 for P180,000, Van B bought July 2022 for P120,000 and Van C bought October 2023 for P90,000.
658 words, about 3 min4Admission of a Partner and Goodwill
Dineo and Kagiso share profits 3:2 and have capital balances of P240,000 and P160,000. They admit Lesego on 1 July, giving her a one-fifth share.
639 words, about 3 min5Interpreting a Company's Results Before a Loan Application
Tshwaro Ltd applies for a bank loan. Extracts for the year: revenue P2,400,000; cost of sales P1,560,000; operating expenses P540,000; interest P60,000; tax P60,000.
645 words, about 3 min