Tag: SS1 2nd Term Financial Accounting

CONTENT• Suspense Accounts• Correction of Errors Errors made in the recording of the day-to-day transactions can be divided into those […]

CONTENT• Definition of the Trial Balance• Uses of the Trial Balance• Preparation of the Trial Balance• The Trial Balance and […]

CONTENT Classification of Accounts Division of the Ledger The Trial Balance An account is a ledger record, in a summarized […]

CONTENT• Definition and uses of the Petty Cash Book• The Imprest System: – Meaning, Characteristics and Advantages• Preparation of the […]

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 […]