SS3 Second Term Bookkeeping Lesson Note and Scheme of Work
Week 1: Introduction to Partnership and Sole Proprietorship
Lesson Note:
Discuss the concept of partnerships and sole proprietorships. Explore the similarities and differences between the two business structures. Engage students in case studies to illustrate practical examples.
Scheme of Work:
Day 1: Introduction to Partnership
Day 2: Introduction to Sole Proprietorship
Day 3: Comparative Analysis
Day 4: Case Studies
Day 5: Group Discussions
Week 2: Capital and Drawings in Partnership
Lesson Note:
Examine the concepts of capital and drawings in a partnership. Illustrate how partners contribute capital and withdraw funds. Conduct practical exercises on calculating and recording these transactions.
Scheme of Work:
Day 1-3: Understanding Capital in Partnership
Day 4-6: Exploring Drawings in Partnership
Day 7: Practical Exercises
Day 8: Case Studies
Day 9: Review and Application
Week 3: Joint Venture and Consignment
Lesson Note:
Introduce the concepts of joint ventures and consignments. Explain how these arrangements impact bookkeeping. Provide real-world examples and engage students in discussions on these topics.
Scheme of Work:
Day 1-3: Joint Ventures
Day 4-6: Consignment
Day 7: Practical Application
Day 8: Case Studies
Day 9: Group Discussions
Week 4-10: Manufacturing Accounts and Financial Statements
Lesson Note:
Cover manufacturing accounts and the preparation of financial statements. Discuss how to account for production costs and analyze financial data. Include practical exercises for hands-on experience.
Scheme of Work:
Day 1-3: Manufacturing Accounts
Day 4-6: Preparation of Financial Statements
Day 7-9: Analysis of Financial Data
Day 10: Practical Exercises and Application
Week 11: Revision Week
Lesson Note:
Review all topics covered in the second term, focusing on areas that may need reinforcement. Encourage active participation through group discussions and peer teaching.
Scheme of Work:
Day 1-3: Comprehensive Review
Day 4-5: Group Discussions
Day 6-7: Addressing Doubts
Day 8-9: Additional Exercises
Day 10: Recap and Q&A Session
Week 12: Examination Week
Lesson Note:
Administer a thorough examination covering all second-term topics. Evaluate students on their understanding and application of partnership, sole proprietorship, and other advanced bookkeeping concepts.
Scheme of Work:
Day 1-3: Written Examination
Day 4-5: Practical Examination
Day 6-8: Grading and Assessment
Day 9: Review of Examination
Day 10: Preparation for Dismissal
Week 13: School Dismissal Week
Lesson Note:
Conclude the second term with a summary of key concepts. Provide feedback on examinations and encourage students to explore advanced bookkeeping topics during the break.
Scheme of Work:
Day 1: Recap of Key Concepts
Day 2-3: Feedback on Examinations
Day 4-5: Independent Exploration
Day 6: Closing Ceremony and Dismissal
Day 7: Final Remarks and Goodbyes.