Book Keeping Lesson Notes for SS1 3rd Term

Download 3rd Term Comprehensive Senior Secondary School Book Keeping Lesson Notes for SS1/Year 10 in PDF, DOC – Edudelight Store

SSS1 Book Keeping Scheme of work with Lesson notes Content third term

WEEK

1                 Revision

2. Petty cash book

—Meaning of petty cash book

___ Classification of columns

__posting of transaction

3. Trial balance and correction of errors

Meaning of trial balance

Functions of trial balance

Extraction of balance from ledger to trial balance

4. Trial balance and correction of error

—Rules for posting balances from ledger to trial balance

__preparation of trial balance

5 .              Trial balance and correction of errors

Meaning of errors

Types of errors

Errors affecting Trial balance

Errors that do not affect trial balance

6. Trial Balance and correction of errors

Correction of errors through the use of suspense account

7. Trading Account

__ Definition of trading account

__ Description of cost of goods sold

__determining gross profit

8. Trading account

__preparation of a simple trading account

9. ___profit and loss Account

__purpose of profit and loss account

__ determining net sales and net profit

Rules for preparing profit and loss account

10          balance sheet

__ explain balance sheet

___ Balance sheet content

__ Users of balance sheet

___preparation of simple balance sheet

 

11       revision

12    exam

SSS1 Third Term Book Keeping Lesson Note – Edudelight Store