O/Level Commerce Theory (Business Studies) - Grade 10/11
Subject: Business & Accounting Studies
Grade: 10 & 11 (O/Level)
Syllabus: Sri Lanka National Curriculum
Download this complete theory note for O/L Commerce. This PDF covers the essential theory parts including Home Trade, Foreign Trade, Transport, Banking, and Insurance. It is designed to help you answer the Part I (MCQ) and Part II theory questions.
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What is covered in this note?
- Trade: Wholesale vs. Retail trade, and Documents used in trade (Invoices, Vouchers).
- Auxiliary Services: The role of Banking, Insurance, Communication, and Transport in business.
- Business Organizations: Sole proprietorships, Partnerships, and Limited Companies.
Study Tip: Use this note to memorize the definitions of "Cheques" and "Insurance Principles" as they frequently appear in the exam.
Keywords: O/L Commerce Notes, Business Studies Sri Lanka, Grade 11 Commerce, Commerce Past Papers.