FIRST TERM SCHEME OF WORK FOR SS3 FINANCIAL ACCOUNTING WEEKS TOPICS 1 REVISION 2 Preparation of company income statement 3 […]
Category: Financial Accounting
Free Financial Accounting online learning lesson notes and videos for Secondary school and High school students. The lesson notes, videos and interactive slideshows are built on curriculum that is designed to meet national and international O’ Level standard for Senior High School or Senior Secondary school students (SS1, SS2, SS3 or SHS1, SH2, SH3) and Grade 9, Grade 10, Grade 11 and Grade 12 students.
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Consignment Account
CONTENT Definition Accounting Entries Practical illustration Note Consignment of good means the sending of goods by a supplier to […]
JOINT VENTURE ACCOUNTS
CONTENT Definition of Joint Venture. Accounting entries required for joint ventures. Practical illustration of joint ventures. Definition Joint venture is […]
WHAT ARE NON-PROFIT MAKING ORGANIZATIONS? Non-profit-making organizations exist to provide services for their members. Example are. Sports and social clubs, […]
Control Account
Control accounts is the extraction of trial balance from individual ledger account of a large organization. Generally speaking, large organizations […]
CONTENT: (i) Introduction (ii) Steps Involved in preparing a P&L A/C and Balance Sheet from Incomplete Records (iii) Example […]
THIRD TERM E-LEARNING NOTE SUBJECT: FINANCIAL ACCOUNTING CLASS: SS2 SCHEME OF WORK WEEK TOPICS 1-3 Single […]
EVALUATION Differentiate between margin and mark-up. READING ASSIGNMENT Financial Accounting with, Ease by Onatowokan Oluyombo pages 183 – 167 GENERAL […]
CONTENT Definition of Concepts and Conventions Accounting Concepts Accounting Convention ACCOUNTING CONCEPTS AND CONVENTIONS Accounting concepts and convention are a […]
CONTENT Meaning and definition of disposal of fixed asset Methods of disposal of fixed assets and their format. Practical illustration. […]