I am a committed teacher to drive my children to their goals.
I have been teaching many institutions.and my result reflects my and my students commitment.
Accounting at O/L teaches the basics of financial record-keeping, preparing financial statements, and understanding business transactions.
🧾 Key Topics:
Introduction to Accounting
Purpose and importance
Accounting concepts and principles
The Accounting Equation
Assets = Liabilities + Owner's Equity
Source Documents
Invoices, receipts, debit/credit notes, vouchers
Books of Original Entry
Journal, cash book, petty cash book
Ledger Accounts
Posting from journals
Debits and credits
Trial Balance
Detecting errors in accounts
Final Accounts
Trading, Profit & Loss Account
Statement of Financial Position (Balance Sheet)
Adjustments in Final Accounts
Depreciation, accrued/prepaid expenses, bad debts
Control Accounts
For debtors and creditors
Bank Reconciliation Statement
Simple Partnership Accounts
Non-Profit Organisations (Clubs & Societies)
🇱🇰 O/L Business & Accounting Studies (BAS)
📗 Subject Overview:
Business & Accounting Studies (BAS) is a combined subject at O/L level that includes Business Studies + basic Accounting. It introduces students to the world of business operations and basic accounting practices.
💼 Key Topics:
🔹 Business Studies Component:
Introduction to Business
Forms of Business Ownership
Sole trader, partnership, limited companies, co-operatives
Production & Productivity
Marketing
Human Resources Management
Business Communication
Banking and Insurance
International Trade
Consumer Education
Entrepreneurship
🔹 Accounting Component:
Basic Accounting Concepts
Double Entry Bookkeeping
Ledger Accounts
Cash Book & Petty Cash Book
Trial Balance
Income Statement (Trading and Profit & Loss)
Balance Sheet
🧠 Skills Developed:
Business decision-making
Financial literacy
Entrepreneurship
Record-keeping
Analytical thinking
📚 Popular Textbooks (Sri Lanka):
Business and Accounting Studies – Grade 10 & 11 (Sinhala, Tamil, and English Medium)
Published by the Educational Publications Department of Sri Lanka
Workbooks and model question books by local publishers (e.g., Sarasavi, Gunasena, Master Guide, D Publishers)
📅 Exam Format:
For Business and Accounting Studies (O/L):
Part I – MCQs
Part II – Structured and Essay-type questions
Time: Usually 2 hours
For students taking Accounting separately (as part of private study or international exams), the format may vary.
Experience
No experience mentioned.
Fee details
රු3,000–5,000/hour
(US$9.09–15.15/hour)