Principle Of Accounting

Accounting Senior Secondary School SS1 First Term

SCHEME OF WORK 1 1st TERM ACCOUNTING SS 1 WEEK TOPIC BOOK KEEPING AND ACCOUNTING  THE NEED FOR BOOKING AND ACCOUNTING    ETHICS OF ACCOUNTING  PRINCIPLES AND PRACTICE OF DOUBLE ENTRY  ACCOUNTING CONCEPTS AND CONVENTIONS THE USE OF GENERAL JOURNALS AND OPENING AND CLOSING ENTRIES OF GENERAL JOURNALS. CORRECTION OF ERRORS  TYPES OF DISCOUNTS ANALYTICAL CASH

Lesson Notes Third Term SSS 1 Financial Accounting

THIRD TERM E-LEARNING NOTE   SUBJECT: FINANCIAL ACCOUNTING   CLASS: SS1   SCHEME OF WORK [mediator_tech] WEEK TOPIC The Bank Account and its operations Bank Reconciliation Statement Bank Reconciliation Statement Final Accounts of a Sole Trader Final Accounts of a Sole Trader The Balance Sheet Opening Entries and Recording of Subsequent Financial Transactions WEEK ONE

First Term Examination Accounting SS 1

Edu Delight Tutors Subuode Gbaga Gasline Ogun State 1st Term Examination FINANCIAL ACCOUNTING SSS 1 Section A Answer all questions correctly A document sent from the seller to the buyer showing the description, quantity, unit price and net value of goods bought is known as __________ (a)Receipt (b)invoice (c)cheque (d)credit note On which source document

CORRECTION OF ERRORS

  Subject:  ACCOUNTING Term: FIRST TERM Week: WEEK 7 Class: SS 1 Topic: CORRECTION OF ERRORS Behavioural objectives: At the end of the lesson, the learners will be able to mention types of error. explain types of errors. correct errors through journals identify the types of journals   Previous lesson:  The pupils have previous knowledge

PRINCIPLES AND PRACTICE OF DOUBLE ENTRY

  Subject:  ACCOUNTING Term: FIRST TERM Week: WEEK 4 Class: SS 1 Topic: PRINCIPLES AND PRACTICE OF DOUBLE ENTRY Behavioural objectives: At the end of the lesson, the learners will be able to Explain the rule of double entry apply the rules of double entry   Previous lesson:  The pupils have previous knowledge of  ETHICS

SS1 Principles Of Accounts Past Questions Third Term

Question The three column cash book is one of the subsidiary books of account used to record cash and bank transactions in addition to _______________Answer Discounts received and discount allowed Question An invoice is used to prepare the ________ Answer Sales day book Question The documents that are exchanged between buyers and sellers which are

Economics Ss1 Revision Questions Profit Optimization

Question Profit is maximised when ——- Answer MR = MC Question The amount the firm receives for a typical unit is known as the ——- Answer average revenue Question There are —– basic types of market structures by traditional economic analysis Answer 4 Question The revealed preference theory makes —– assumptions Answer 2 Question The

Principles Of Accounting Drill Questions And Answers Nominal Account

Question Suppliers’s personal accounts are found in the ledger Answer Purchases ledger Question When there is a difference in the trial balance and it cannot be resolved before the preparation of the final accounts it is taken to………… Answer Suspense acct Question All the following are assets except Answer Accrued Expenses Question ………… Is a

SECOND TERM E-LEARNING NOTE FINANCIAL ACCOUNTING SS 1

SECOND TERM E-LEARNING NOTE SUBJECT: FINANCIAL ACCOUNTING CLASS: SS 1 SCHEME OF WORK WEEK TOPIC – 2 Cash Book – Single Column Cash Book/Double Column Cash Book – 4 Three Column Cash Book – 6 Petty Cash Book Accounts: Meaning and Classifications: The Ledger: Meaning and Classification – 9 The Trial Balance – Preparation, Uses

THE TRIAL BALANCE

WEEK EIGHT AND NINE DATE ……………… TOPIC: THE TRIAL BALANCE CONTENT Definition of the Trial Balance Uses of the Trial Balance Preparation of the Trial Balance The Trial Balance and Errors in the Books A trial balance is a list of all the balances extracted from the ledgers at a particular date, to test (verify,