Lesson Note on Transactions – Meaning and Classification Subject: Financial Accounting Class: Senior Secondary School (SSS 1) Term: First Term Week: 5 Age: 14-16 years Duration: 40 minutes Topic: Transactions – Meaning and Classification Sub-topic: Meaning and Types of Transactions Behavioral Objectives By the end of this lesson, students should be able to: Define a
Financial Accounting SS1 First Term Lesson Note Week 2: History of Accounting Worldwide and Nigeria Subject: Financial Accounting Class: SS1 Term: First Term Week: 2 Age: 14-16 years Duration: 40 minutes Topic: History of Accounting Worldwide and Nigeria Sub-Topics: Users of Accounting Information Internal and External Users and Their Needs Characteristics of Accounting Information Behavioral
Financial Accounting SS1 First Term Lesson Note Week 1: Introduction to Accounting Subject: Financial Accounting Class: SS1 Term: First Term Week: 1 Age: 14-16 years Duration: 40 minutes Topic: Introduction to Accounting Sub-Topics: Meaning of Bookkeeping Meaning of Financial Accounting Differences between Bookkeeping and Financial Accounting Importance of Accounting Behavioral Objectives By the end of
DETAILED LESSON NOTE ON BUSINESS DOCUMENTS Subject: Bookkeeping Class: SS1 Term: First Term Week: 8 Age: 14 – 16 years Topic: Business Documents Sub-Topic: Bank Paying-in-Slip, Debit Note, Credit Note, Statement of Account, and Vouchers Duration: 40 minutes Behavioral Objectives At the end of the lesson, students should be able to: Explain the purpose and
WEEK 9 AND 10 LESSON NOTE Subject: Financial Accounting Class: SS 3 Term: First Term Week: 9 and 10 Age: 15–18 years Topic: Subsidiary Books Sub-topic: Definition, Uses, Preparation, and Transfer of Totals to the Ledger Duration: 40 Minutes Behavioral Objectives At the end of the lesson, students should be able to: Define subsidiary books
SOURCE DOCUMENTS CONTENT Definition of Source Documents Examples of Source Documents Features and Uses of Source Documents NOTES Definition of Source Documents Source documents are instruments generated when businesses enter into transactions with others. They serve as written evidence of transactions, detailing the essential facts and forming the basis for preparing the books of account.
Books of Accounts: The Ledger and The Journal Focus Keyphrase: Books of Accounts SEO Title: Understanding Books of Accounts: Ledger and Journal Explained Slug: books-of-accounts-ledger-and-journal Meta Description: Discover the roles of the Ledger and the Journal in accounting. This guide explains their formats, uses, and differences for easy understanding. Books of Accounts: Overview Books of
Double Entry Bookkeeping: A Comprehensive Guide for Students and Teachers Focus Keyphrase: Double Entry Bookkeeping SEO Title: Double Entry Bookkeeping Explained with Practical Nigerian Examples Slug: double-entry-bookkeeping Meta Description: Learn everything about double-entry bookkeeping, including principles, ledger postings, and Nigerian examples. This guide simplifies the concept for students and teachers while boosting your knowledge of
WEEK SIX AND SEVEN TOPIC: Balancing Off Ledger Accounts CONTENT Balancing Ledger Accounts The Divisions of the Ledger Extraction of the Trial Balance NOTES 1. Balancing Ledger Accounts At the end of a financial period (e.g., a month, a year, or another convenient time), it is necessary to balance ledger accounts. Balancing ensures that the
Week 12: Examination of Bookkeeping Topics Covered in the First Term Exam Instructions For Students: Read all questions carefully before answering. Write your answers clearly in the spaces provided. Do not talk to other students during the exam. Keep your eyes on your own paper to avoid cheating. If you have a question, raise your
