SS1 ACCOUNTING 2ND TERM

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SS1 Accounting 2nd Term Lesson Note

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SS 1, SS 2 & SS 3, 2nd Term

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Week 1:

Trial Balances

SUB TOPICS:
A. Purpose of trial balance
B. Extraction of trial balance from a ledger

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Explain trial balance and its purpose.
2 Extract trial balance from a ledger.
3 ETC

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Week 2:

Correction of Errors

SUB TOPICS:
A. Correction of errors on trial balance
B. Correction of errors on suspense account

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Identify errors in a given trial balance.
2 Identify errors in a suspense account.
3 ETC

Week 3:

Trading Account

SUB TOPICS:
A. Trading account terminologies: Opening stock, Closing stock, etc

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 List and explain trading account terminologies.
2 Prepare trading account.
3 ETC

Week 4:

Trading Account (CONT'D)

SUB TOPICS:
A. Trading account terminologies: Return inwards, Carriage outward, Purchase sales, etc

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 State the meaning of the following: i. Return inwards ii. Carriage outward iii. Purchase sales

Week 5:

Profit and Loss Account

SUB TOPICS:
A. Identification, preparation, determination of net profit or net loss

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Identify profit and loss from a given information.
2 Differentiate between gross profit and gross loss.
3 ETC

Week 6:

Balance Sheet

SUB TOPICS:
A. Assets and liabilities
B. Classification

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Explain balance sheet, assets and liabilities.
2 Distinguish between assets and liabilities.
3 ETC

Week 7:

Mid Term Revision and Test for SS1 Accounting 2nd Term

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Week 8:

General Journal

SUB TOPICS:
A. Uses of general journal

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Explain the purpose of general journal.
2 State three uses of general journal.
3 ETC

Week 9:

Correction of Errors in Suspense Account

LEARNING OBJECTIVES: At the end of the lesson, learners should be able to:
1 Explain the following terms: Errors of omission, Errors of commission and Errors of principle.
2 Prepare a suspense account to correct errors.
3 ETC

Week 10:

Correction of Errors in Suspense Account (CONT'D)

Week 11:

Online Quiz

Work in Progress

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Other Classes are Listed Below
for Accounting

SS 1	SS 2	SS 3
1st 2nd	1st 2nd	1st 2nd

Scheme of Work by Topic for:
SS1 Accounting 2nd Term
(Ana Arm Technologies)
Trial Balances
Correction of Errors
Trading Account
Profit and Loss Account
Balance Sheet
General Journal
Correction of Errors in Suspense Account
Online Quiz
Reference Textbooks