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Grade 11 Cashbook Recording Practice

Revision activities / Business Studies study practice

Learning focus: Financial Records in Business. This original Grade 11 Business Studies exercise gives you a task, a suggested response and a follow-up challenge. It is classroom practice, not an official assessment paper.

Understand the idea

A cashbook records cash or bank receipts and payments. Profit differs from cash balance because timing, credit transactions and non-cash items can affect the comparison.

Try the activity

A project starts with KSh 5,000 cash, buys supplies for KSh 1,200 and receives KSh 2,000 from sales. Find closing cash, assuming no other transactions.

Attempt your response before opening the guidance. Show the steps, textual evidence or reasons that support your answer; a final answer alone may hide a misunderstanding.

Your practice workspace

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Self-assessment checklist

This is your own assessment, not automatic marking.

Self-assessed checklist: 0/4

My planner and progress →

Show suggested answer and reasoning

Closing cash is 5,000 − 1,200 + 2,000 = KSh 5,800. This does not establish profit because the opening cash is not revenue and the full cost of goods sold is not stated.

Follow-up challenge

Prepare a dated receipts-and-payments table. Add a credit sale and explain why cash does not increase until payment is received.

Review your work

  • Did you answer the question actually asked?
  • Can you explain the method or evidence in your own words?
  • What would you change if one condition in the task changed?

Use the suggested response to identify one correction, then attempt the task again without copying it. For an open-ended question, other well-supported answers may be reasonable. Ask your teacher to check interpretations or language forms where needed.

Continue Business Studies practice

Back to the subject guide · Check available member notes and downloads

Match this activity to the learning outcomes and sequence in your school’s current Grade 11 curriculum-design collection. This activity is a focused learning example, not a complete curriculum map.