Preparing an Analysed Cash Book (Junior Cert Business Studies): Flashcards

Records all receipts (income) & payments (expenditure)

Analysis columns that categorise income & expenditure

See exactly where money comes from & where it goes

Income/receipts - money coming in (left side)

Expenditure/payments - money going out (right side)

Double-entry format with debit & credit sides

Shows complete value of cash received or paid out

Appears in BOTH Total column & relevant analysis column

Wages, groceries, electricity, car, phone, entertainment

Recorded same way as cash transactions

Budget monitoring, trend ID, planning, cost control, income tracking

When each transaction occurred (chronological order)

Same format works for cash, bank, or both combined