Book Keeping Lesson Notes for SSS1 Third Term

Download Third Term Comprehensive Senior Secondary School Book Keeping Lesson Notes for SSS1/Year 10 in PDF, DOC – Edudelight Store

SS1 Book Keeping Scheme of work with Lesson notes Content third term

 

WEEK 1 – Revision.

Revision.

WEEK 2 – Petty cash book

Petty cash book

—Meaning of petty cash book

___ Classification of columns

__posting of transaction

 

WEEK 3 – Trial balance and correction of errors

Trial balance and correction of errors

• Meaning of trial balance
• Functions of trial balance
• Extraction of balance from ledger to trial balance

WEEK 4 – Trial balance and correction of error

Trial balance and correction of error

—Rules for posting balances from ledger to trial balance

__preparation of trial balance

WEEK 5 – Trial balance and correction of errors

Trial balance and correction of errors

• Meaning of errors
• Types of errors
• Errors affecting Trial balance
• Errors that do not affect trial balance

WEEK 6 – Trial Balance and correction of errors

Trial Balance and correction of errors

Correction of errors through the use of suspense account

WEEK 7  – Trading Account

Trading Account

__ Definition of trading account

__ Description of cost of goods sold

__determining gross

WEEK 8 – Trading account – preparation of a simple trading account

.         Trading account

__preparation of a simple trading account

WEEK 9 – profit and loss Account

___profit and loss Account

__purpose of profit and loss account

__ determining net sales and net profit

—   Rules for preparing profit and loss account

 

WEEK 10 – Balance sheet

Balance sheet

__ explain balance sheet

___ Balance sheet content

__ Users of balance sheet

___preparation of simple balance sheet

WEEK 11 – Revision

Revision

WEEK 12 – Examination

Examination

REFERENCE BOOKS

• Simplified and amplified book-keeping and accounting

REFERENCE BOOKS

• Simplified and amplified book-keeping and accounting

SS1 Third Term Book Keeping Lesson Note – Edudelight Store