Download well organized and Detailed Financial Accounting Lesson Notes for SS1 1st term in PDF or Document format – Edudelight Store
Senior Secondary School 1 First term Accounting Scheme of work with lesson notes content
FINANCIAL ACCOUNTING
| WEEKS | TOPICS |
| 1 | Introduction to book-keeping and Accounting
– Importance and history of Accounting in Nigeria – Users of Accounting information and purpose for which they are needed – Advantages and limitations of Accounting – Career opportunities in Book-keeping and Accounting – Accounting professional bodies – Accounting professional ethnics |
| 2 | Accounting concepts and conventions |
| 3 | Principles of double entries
– Accounting equations – Leagalization and journalization |
| 4 | Source Documents
– Meaning, uses, types – importance, e.g. debit note, credit note |
| 5 | Subsidiary books: meaning, uses, types – cash book, purchase day ledger, sales day book, returns inwards journal and returns outwards journal
Journal proper |
| 6 | Working exercises on sales day book and return inwards journal and posting them into ledger |
| 7 | Working exercises on ledger entry on purchases day book and return outward journal |
| 8 | Ledger – meaning, purposes, rules for posting ledger accounts to be debited and accounts to be credited |
| 9. | One column cash book – meaning and uses, working exercises on it with cash book account. Exercise book |
| 10 | Double column cash book – meaning, bank transactions, central entry, posting and balancing of cash book |
| 11 | REVISION |
| 12 | EXAMINATION |
SSS1 First Term Accounting Lesson Note – Edudelight Store
Reviews
There are no reviews yet.