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.
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.
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
Book Keeping and Accounting
Distinguish between Book-keeping and Accounting.
Discuss the History of Accounting.
State the importance of Book- keeping and Accounting.
Identify the various Accounting bodies in Nigeria.
Book Keeping and Accounting
Distinguish between Book-keeping and Accounting.
Discuss the History of Accounting.
State the importance of Book- keeping and Accounting.
Identify the various Accounting bodies in Nigeria.
Business Finance
Identify and explain the instruments of business finance
Business Finance
Identify and explain the instruments of business finance
Labour Market
Demonstrate the link between the structure of population and growth of the labour force.
Identify and explain the other factors that affect the size of the labour force
Labour Market
Demonstrate the link between the structure of population and growth of the labour force.
Identify and explain the other factors that affect the size of the labour force
Cost Concepts
Distinguishing between the different cost concepts (variable, fixed, total, average, marginal, short-run, long-run).
Drawing different costs curve
Explaining the relationship between costs and production.
Channels of Distribution
Describe the channels of distribution from the producer to the final consumer;
State the functions of a wholesaler and retailer in the channel of distribution;
State and explain the role of cooperative society and government agencies in product distribution.
Identify the problems of distribution and ways of improvement.
Channels of Distribution
Describe the channels of distribution from the producer to the final consumer;
State the functions of a wholesaler and retailer in the channel of distribution;
State and explain the role of cooperative society and government agencies in product distribution.
Identify the problems of distribution and ways of improvement.
Channels of Distribution
Describe the channels of distribution from the producer to the final consumer;
State the functions of a wholesaler and retailer in the channel of distribution;
State and explain the role of cooperative society and government agencies in product distribution.
Identify the problems of distribution and ways of improvement.
Money: meaning, characteristics and Functions
Explain the meaning of money
Compare money economy with a barter economy;
Identify the various types of money and explain the functions of money in a modern economy.
Explain the characteristics of money.
Money: meaning, characteristics and Functions
Explain the meaning of money
Compare money economy with a barter economy;
Identify the various types of money and explain the functions of money in a modern economy.
Explain the characteristics of money.
Financial institutions
Explain the term financial institutions.
List the different types of banking and non banking financial institutions .
Identify the distinguishing features of bank and non banking financial institutions.
Explain the functions of each institution and indicate its importance