CONTENT• Definition and uses of the Petty Cash Book• The Imprest System: – Meaning, Characteristics and Advantages• Preparation of the […]
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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CONTENT Discounts – Definition, Types, Features Reasons for Granting Discounts Differences Between Trade Discounts and Cash Discounts Classification on Cash […]
CONTENT Types of Cash Book Single Column Cash Book Two Column Cash Book Contra Entries Bank Overdraft The Cash Book […]
SUBJECT: FINANCIAL ACCOUNTING CLASS: SS 1 SCHEME OF WORK WEEK TOPIC Cash Book – Single Column Cash […]
Categories
Source Documents
CONTENT Definition of Subsidiary Books Uses of the Subsidiary Books Preparation of the Subsidiary Books Transfer of the Totals of […]
Categories
Source Documents
CONTENT Definition of Source Documents Examples of Source Documents Features and Uses of Source Documents NOTES Source documents are the […]
CONTENT Balancing Ledger Accounts The Divisions of the Ledger Extraction of the Trial Balance NOTES At the end of the […]
Categories
Books of Accounts
CONTENT The Ledger The Journal Books of accounts are the books that are used in recording financial transactions in accounting. […]
CONTENT Meaning of Transaction Classification of Transactions Transaction Transaction involves the transfer of goods, services, money or money’s worth (e.g. […]