Trading Account
Identify Trading Account items.
Prepare the Trading Account.
Determine:
– Cost of goods available.
– Cost of goods sold.
– Sales
Trial Balance and Correction of Error
Explain the need for trial balance.
Extract balances from ledger to the trial balance.
Balance the trial balance.
Correct Errors that affect the trial balance.
Identify Errors that do not affect the trial balance.
Trial Balance and Correction of Error
Explain the need for trial balance.
Extract balances from ledger to the trial balance.
Balance the trial balance.
Correct Errors that affect the trial balance.
Identify Errors that do not affect the trial balance.
Trial Balance and Correction of Error
Explain the need for trial balance.
Extract balances from ledger to the trial balance.
Balance the trial balance.
Correct Errors that affect the trial balance.
Identify Errors that do not affect the trial balance.
Trial Balance and Correction of Error
Explain the need for trial balance.
Extract balances from ledger to the trial balance.
Balance the trial balance.
Correct Errors that affect the trial balance.
Identify Errors that do not affect the trial balance.
Classification of Accounts
Students should be able to:
Identify different classes of accounts.
Explain different classes of accounts.
Classification of Accounts
Students should be able to:
Identify different classes of accounts.
Explain different classes of accounts.
Bank Reconciliation Statement
Explaining the following
-Dishonoured cheque
-Uncredited cheque
-Unpresented cheque
-Commission/Interest
-Standing Order
-Direct payment.
Interpreting bank statement
Adjusting the cashbook.
Reconciling cash balance with bank balance.
Bank Reconciliation Statement
Explaining the following
-Dishonoured cheque
-Uncredited cheque
-Unpresented cheque
-Commission/Interest
-Standing Order
-Direct payment.
Interpreting bank statement
Adjusting the cashbook.
Reconciling cash balance with bank balance.
Bank Reconciliation Statement
Explaining the following
-Dishonoured cheque
-Uncredited cheque
-Unpresented cheque
-Commission/Interest
-Standing Order
-Direct payment.
Interpreting bank statement
Adjusting the cashbook.
Reconciling cash balance with bank balance.
Bank Reconciliation Statement
Explaining the following
-Dishonoured cheque
-Uncredited cheque
-Unpresented cheque
-Commission/Interest
-Standing Order
-Direct payment.
Interpreting bank statement
Adjusting the cashbook.
Reconciling cash balance with bank balance.
Analytical Cash Book
Students should be able to:
Identify the form of single and double columnar cash book.
Post transactions into single and double columnar cash book.
Distinguish between cash discount and trade discount.
Identify the form of the three columnar cash book.
Post transactions into three columnar cash book.
Post transactions of petty cash book on imprest sy..tern.
Distinguish between ordinary petty cash book and cash book on imprest system.
Post cash transactions the ledger
Analytical Cash Book
Students should be able to:
Identify the form of single and double columnar cash book.
Post transactions into single and double columnar cash book.
Distinguish between cash discount and trade discount.
Identify the form of the three columnar cash book.
Post transactions into three columnar cash book.
Post transactions of petty cash book on imprest sy..tern.
Distinguish between ordinary petty cash book and cash book on imprest system.
Post cash transactions the ledger
General Journal
Students should be able to:
Explain the uses of General Journal.
Journalize opening and closing entries of general journal.
Correct errors through the journals.
Identify the types of Journals.
General Journal
Students should be able to:
Explain the uses of General Journal.
Journalize opening and closing entries of general journal.
Correct errors through the journals.
Identify the types of Journals.
Accounting Concepts
Identify the Accounting Concepts.
Explain the Accounting Concepts.
Accounting Concepts
Identify the Accounting Concepts.
Explain the Accounting Concepts.
Principles of Double Entry
Students should be able to:
Explain the rules of Double Entry.
Apply the rules of Double Entry.
Ethics of Accountinq
Explain the term: Accounting Ethics
Explain the benefits of Accounting ethics to the:
a. profession
b. society
Ethics of Accountinq
Explain the term: Accounting Ethics
Explain the benefits of Accounting ethics to the:
a. profession
b. society