SS1 3rd Term Book keeping scheme of work

                                                     SS 1 THIRD TERM BOOK- KEEPING

                                                                   SCHEME OF WORK

WEEK

1                 Revision

2.                Petty cash book

             —Meaning of petty cash book

              ___ Classification of columns

              __posting of transaction

3.                Trial balance and correction of errors

                Meaning of trial balance

               Functions of trial balance

           Extraction of balance from ledger to trial balance

4.            Trial balance and correction of error

           —Rules for posting balances from ledger to trial balance

           __preparation of trial balance

5 .              Trial balance and correction of errors

                   Meaning of errors

                Types of errors

              Errors affecting Trial balance

             Errors that do not affect trial balance

6.           Trial Balance and correction of errors

                 Correction of errors through the use of suspense account

7.                 Trading Account

                   __ Definition of trading account

                  __ description of cost of goods sold

                  __dtermining gross profit

8.         Trading account

              __preparation of a simple trading account

9.             ___profit and loss Account

                 __purpose of profit and loss account

                  __ determining net sales and net profit

                 Rules for preparing profit and loss account

10          balance sheet

                  __ explain balance sheet

                 ___ balance sheet content

                  __ Users of balance sheet

                 ___preparation of simple balance sheet

11       revision

12    exam