These are fictional thought experiments, not descriptions of actual organisations or claims that every student should run a business. Change names, place or medium without changing the named accounting distinction. Never request a learner's family income. For a local example, verify its facts and rights first.
| Domain | Ask learners to notice | Bounded worked bridge |
|---|---|---|
| Bicycle repair | Receivable vs cash | A completed repair billed today creates a claim; it is not cash collected yet. |
| Community garden shop | Inventory vs tool | Seeds held for sale are inventory; reusable spade used by the shop is equipment. |
| Tutoring | Service vs goods | A lesson fee is service revenue in the simple model; it is not inventory sold. |
| Music lessons | Future promise vs earned revenue | A hoped-for next lesson is not this period's provided service revenue. |
| Graphic design | Payable | A business electricity bill received but unpaid is an obligation, not an asset. |
| Market stall | Cost of Goods Sold | The cost of goods actually sold is a period expense; unsold stock remains inventory. |
| Print workshop | Profit | Sales $50, goods cost $20, other expense $10 → $20 simplified profit. |
| Book exchange | Stakeholder | A volunteer may ask whether supplies can be funded; one cash balance cannot prove future funding. |
| Food cooperative | Ownership | Multiple members do not automatically make an entity a company; verify its legal structure. |
| Laundrette | Separate entity | A company's bank account is the company's, not each shareholder's personal account. |
| Mobile barber | Sole trader | One person's service activity can be a sole-trader case; personal property is kept out of the business account model. |
| Computer repair | Equity | Assets $90 − liabilities $35 → residual equity $55 in a single-date model. |
| Dance studio | Accountant role | An accountant can interpret records, not promise a sold-out next term. |
| Ferry operator | Auditor role | An auditor's report addresses financial-report evidence under its scope, not the safety of buying shares. |
| Local sports club supplier | Payable direction | The club's unpaid purchase can be the supplier's receivable and the club's payable; entity viewpoint matters. |
| School fundraiser simulation | Cash flow | Cash received today is an inflow; it may relate to an earlier sale, so period profit differs. |
| Renewable energy installer | Investment vs operation | A share owner and a business operator have different control and work; no option is ranked here. |
| Makerspace | Public company label | Public company status does not alone say whether its shares trade on an exchange. |
| Online stationery seller | Financial position | Cash, stock, debts and equity are at-date balances; sales for a year are period activity. |
| Language tutoring startup | Stakeholder paragraph | “Revenue rose” would need actual dated figures; a fictional label supplies no trend. |
If an example changes, keep its account direction, units, dates, entity boundary and assumptions intact. A student may choose a culture-neutral context or invent a fictional one; do not infer their background from that choice.