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
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
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,
WEEK SEVEN DATE ……………………… TOPIC: CLASSIFICATION OF ACCOUNTS CONTENT Classification of Accounts Division of the Ledger The Trial Balance An account is a ledger record, in a summarized form, of all transactions that have taken place with a particular person. An account can also be defined as a history of all transactions of similar nature.
WEEK FIVE AND SIX DATE ……………… TOPIC: Petty Cash Book CONTENT Definition and makes use of of the Petty Money E-book The Imprest System: – Which means, Traits and Benefits Preparation of the Petty Money E-book The Petty Cash Book That is the subsidiary ebook of account that’s used for recording low-value (petty) money funds
WEEK THREE AND FOUR DATE ……………… TOPIC: Three Column Cash Book CONTENT Reductions – Definition, Sorts, Options Causes for Granting Reductions Variations Between Commerce Reductions and Money Reductions Classification on Money Reductions The Three Column Money Guide Three Column Money Guide The sort of Money Guide mix low cost column on each sideto the money