SS1 Second Term Bookkeeping Lesson Note and Scheme of Work
SS1 Second Term Bookkeeping Lesson Note and Scheme of Work
Week 1: Review of First Term Concepts
Lesson: Recap of key concepts from the first term.
Activity: Quick assessment and discussion of areas that need reinforcement.
Week 2: Bank Transactions
Lesson: In-depth study of recording various bank transactions.
Activity: Practical exercises involving bank transactions and journal entries.
Week 3: Control Accounts
Lesson: Introduction to control accounts and their role in bookkeeping.
Activity: Group project – reconciling subsidiary books with control accounts.
Week 4: Capital and Revenue Expenditure
Lesson: Differentiating between capital and revenue expenditures.
Activity: Analyzing business scenarios and categorizing expenses.
Week 5: Bad Debts and Provision for Doubtful Debts
Lesson: Understanding bad debts and creating provisions.
Activity: Calculation of bad debts and provision based on given data.
Week 6: Value Added Tax (VAT)
Lesson: Exploring the concept of VAT and its accounting.
Activity: Simulated business transactions involving VAT calculations.
Week 7: Final Accounts Adjustments
Lesson: Adjusting entries for prepaid expenses and accrued income.
Activity: Practical application of adjustments in a set of financial statements.
Week 8: Partnership Accounts
Lesson: Introduction to accounting for partnerships.
Activity: Group activity – preparing financial statements for a partnership.
Week 9: Manufacturing Accounts
Lesson: Understanding manufacturing accounts.
Activity: Calculating manufacturing costs and preparing a manufacturing account.
Week 10: Sole Trader vs. Partnership vs. Company
Lesson: Comparative study of different business structures.
Activity: Research and presentation on advantages and disadvantages of each.
Week 11: Revision Week
Lesson: Reviewing key concepts covered in the term.
Activity: Practice tests and discussions to reinforce understanding.
Week 12: Examination Week
Lesson: Final preparation for the term examination.
Week 13: School Dismissal Week
Lesson: Wrapping up the term with a recap of essential topics.
Activity: Reflection and goal-setting for the next term.
