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Book Keeping Lesson Note for Complete SS2 First, Second and Third Term

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Description

SS2 Book Keeping Scheme of Work for First, Second and Third Term: These lesson notes cover the following topics.

First Term:

1. Revision of 1st Term work
2. Classes of ledger
• State classes of ledger
• Identification of the column of a ledger
3. Classes of ledger
• Posting of transaction into a ledger
• Working exercise.
4. Three column cash book
• Explain the column cash book
• Identification of the columns of a three column cash book.
5. Three column cash book
• Differentiate between single, double and three columns cash book.
6. Three column cash book
• Preparation of three column cash book
7. Three column cash book
• Preparation of three column cash book working exercise
8. Stock valuation
• Meaning, explain stock valuation
• Purposes of stock valuation
9. Stock Valuation
• List different stock valuation method.
• Computation of stock valuation.
10. Stock Valuation
• Computation of stock valuation
• Working exercises on stock valuation

Second Term:

1. Revision of 1st Term work
2. Classes of ledger
• State classes of ledger
• Identification of the column of a ledger
3. Classes of ledger
• Posting of transaction into a ledger
• Working exercise.
4. Three column cash book
• Explain the column cash book
• Identification of the columns of a three column cash book.
5. Three column cash book
• Differentiate between single, double and three columns cash book.
6. Three column cash book
• Preparation of three column cash book
7. Three column cash book
• Preparation of three column cash book working exercise
8. Stock valuation
• Meaning, explain stock valuation
• Purposes of stock valuation
9. Stock Valuation
• List different stock valuation method.
• Computation of stock valuation.
10. Stock Valuation
• Computation of stock valuation
• Working exercises on stock valuation

Third Term:

1. Revision
2-4 Trading profit and loss account
5-7 Receipts and Payments Accounts
8-10 Income and Expenditure account

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