GCE O/L Business & Accounting Studies case studies
GCE O/L Business & Accounting Studies · Put your knowledge to work in context.
The GCE Ordinary Level Business and Accounting Studies examination is a school-leaving qualification that introduces students to how businesses are set up, run and financed, and to the accounting records that keep them accountable. It suits candidates who want a practical grounding in commerce before moving on to A Level, vocational training or employment, and it is often taken alongside core subjects as a general preparation for the world of work. The GCE O/L Business & Accounting Studies case studies are 5 cases and about 4,075 words.
1Lakmini Print & Pack: When the School Goes Digital
Nethmi Fernando has run 'Lakmini Print & Pack', a stationery and photocopying shop 400 metres from a government school in Kurunegala, for six years. Monthly sales average LKR 480,000, of which about 55% comes from photocopying worksheets and past papers for students.
628 words, about 3 min2Cinnamon Roll Bakery: Partnership or Private Company?
Tharindu, Ishara and Nadeesha have operated 'Cinnamon Roll Bakery' for four years as an unregistered partnership, sharing profit equally. Monthly profit averages LKR 150,000 on sales of LKR 1,800,000, and they sell from one rented outlet.
647 words, about 3 min3Kamal Traders: Suspense Account and Corrected Profit
Kamal Traders is a sole trader's hardware business. The bookkeeper prepared a draft statement of profit or loss for the year ended 31 March 2025 showing a net profit of LKR 412,600, and a trial balance whose two sides differed by LKR 1,240; the difference was carried to a suspense account with a credit balance.
908 words, about 5 min4Ruhunu Hardware: Growth Without Profit
Ruhunu Hardware is a sole trader's building-materials shop. Mr Weerasinghe supplies the following extracts.
874 words, about 4 min5Isuru Products: Financing a Bottling Machine
Isuru runs 'Isuru Products', a sole-trader manufacturer of coconut-based foods in Puttalam. Annual sales are LKR 7,200,000, and after all payments and his drawings he retains a cash surplus of about LKR 480,000 a year.
1,018 words, about 5 min