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Grade 8 EMS - Classroom
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📌 Command Words and How to Answer Them in EMS
Term 1 - The Economy
Standard of Living
🧭 Lifestyles in the Context of Standard of Living
Government
💰 The National Budget
Term 1 - Financial Literacy
Accounting Concepts
Understanding Source Documents 📝
Overview of the Accounting Cycle
Cash Transactions (Receipts) and the Accounting Equation
Calculating Sales and Cost of Sales using Mark-up on Cost %
CASH RECEIPTS JOURNAL (SERVICES) 📒
Useful Terminology
Term 2 - The Economy and Entrepreneurship
Entrepreneurship: Factors of Production
The Economy: Understanding Different Types of Markets
Term 2 - Financial Literacy
The Accounting Equation: Effect of Cash Transactions
Cash Receipts Journal (Services): Financial Literacy
Cash Payments Journal (Service Business)
Term 3 - Entrepreneurship
Forms of Ownership
The Entrepreneur
Characteristics and Skills of an Entrepreneur
Entrepreneurial Actions – Buying and Selling
Entrepreneurial Actions – Producing and Making a Profit
Different Levels of Management
Management Tasks – Planning, Organising, Leading and Controlling
Characteristics of Good Management
Different Styles of Management
Term 3 - Financial Literacy
General Ledger and Trial Balance (Service Business)
The General Ledger – Format, Sections, and Opening Accounts
Posting Transactions from the CRJ and CPJ to the General Ledger
Balancing the General Ledger
Preparing a Trial Balance for a Service Business
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Grade 8 EMS - Classroom
Skill Level
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Beginner
