SECOND TERM SCHEME OF WORK FOR SS 2 FINANCIAL ACCOUNTING LESSON NOTE SCHEME OF WORK WITH WEEKLY LESSON NOTES FOR SS 2 SECOND TERM FINANCIAL ACCOUNTING SUBJECT : FINANCIAL ACCOUNTING CLASS : SS 2 TOPIC : DISSOLUTION OF PARTNERSHIP WEEK : WEEK 3 PREVIOUS LESSON : PARTNERSHIP ACCOUNT
SECOND TERM SCHEME OF WORK FOR SS 2 FINANCIAL ACCOUNTING LESSON NOTE SCHEME OF WORK WITH WEEKLY LESSON NOTES FOR SS 2 SECOND TERM FINANCIAL ACCOUNTING WEEK 1 : REVISION SUBJECT : FINANCIAL ACCOUNTING CLASS : SS 2 TOPIC : PARTNERSHIP ACCOUNTS WEEK 2 : PARTNERSHIP ACCOUNTS PREVIOUS
FINANCIAL ACCOUNTING SS 1 The systematic recording of business transactions in monetary term is ________. (a) auditing (b)book keeping (c) debiting (d) crediting Which of the following is not a purpose of financial accounting? (a) Determining profit. (b) Fixing prices. (c) Credit dealings. (d) Determining cash balance. The double entry principle of accounting was developed
FINANCIAL ACCOUNTING – SS 3 When a company can sue in its own name and right, we say it possesses (a)legal entity. (b) legal jargons. (c) legal portfolio. (d) legal value. The company whose liabilities of its owners are limited to the value of share bought to the company is called company _________. (a) limited
FIRST TERM Examination malpractices may lead to a repeat of the subject or suspensions don’t be involved. SUBJECT: CHEMISTRY TIME: 2HRS CLASS: SS 2 1.Which property decides the order of the elements in the Periodic Table? a. masses of their atoms b. number of electrons in the outer shell c. number of neutrons
WEEK FOUR (5) DATE:………………… TOPIC: GOVERNMENT ACCOUNTING CONTENTS: Public Sector Accounting: Public sector accounting Sources of government revenue Capital expenditures. Recurrent expenditure. Head and sub-heads Capital and revenue account. SUB-TOPIC 1: PUBLIC SECTOR ACCOUNTING: Public sector can be defined as the government sector whose affairs or services are made
FIRST TERM SS 3 FINANCIAL ACCOUNTING FINANCIAL ACCOUNTING SCHEME OF WORK WEEK Revision of last term’s work Regulation of the Capital Market: Regulation of the Capital market (meaning, reasons for regulation) Types of regulation – Statutory regulation; (i) The Law ISA No.45, 1999 (ii) Securities and Exchange Commission (the
WEEK 4 DATE______________ TOPIC: CONTRACT ACCOUNTS CONTENTS: Definition of contract account Reasons for contract account Types of construction contract Methods of recognizing revenue under contract account Preparation of contract accounts SUB-TOPIC 1: Meaning of contract account This is a system of
FIRST TERM SS 3 FINANCIAL ACCOUNTING Week 3 Date——————— TOPIC: Hire purchases and Installment payment accounts: (i) Hire purchase and Installment payment Accounts: -The system, Preparation of Accounts in the (a) seller’s ledger and hirer’s ledger. (b) Goods account (c) Hire purchase Account and interest Account. CONTENT: (i) Hire purchase and
FINANCIAL ACCOUNTING SS 3 FIRST TERM WEEK 2 DATE______________ TOPIC: REGULATION OF THE CAPITAL MARKET CONTENTS: Meaning of capital market Reasons for capital market regulation Types of regulation Stock Exchange Market SUB-TOPIC 1: Capital Market A capital market is a market for securities (debt or equity), where business enterprises and governments can raise long –term
