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| WK | LSN | TOPIC | SUB-TOPIC | OBJECTIVES | T/L ACTIVITIES | T/L AIDS | REFERENCE | REMARKS |
|---|---|---|---|---|---|---|---|---|
| 2 | 1 |
SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY
|
Source documents
Introduction.
Cash receipt.
|
By the end of the lesson, the learner should be able to:
Define a source document. Give examples of source documents. Describe features of a cash / cheque receipt. |
Exposition of new terms; Brain storming; Brief discussion. |
Cash receipts |
New Inventor K.L.B. BK IV. Pg 1-2 |
|
| 2 | 2 |
SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY
|
Invoice.
Debit note and credit note. |
By the end of the lesson, the learner should be able to:
Outline details of an invoice. Define a debit note and a credit note. Explain purposes of credit notes and credit note. |
Examine an invoice.
Probing questions on details of an invoice; Discussion. Examine a debit note and a credit note. Brief discussion on features of the notes. |
Invoices.
Debit note and credit note. |
New Inventor K.L.B. BK IV. Pg. 3-4
|
|
| 2 | 3 |
SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY
|
Payment voucher & petty cash voucher.
|
By the end of the lesson, the learner should be able to:
Identify entry features of a payment voucher & petty cash voucher. |
Examine a payment voucher & petty cash voucher.
Discussion. |
Payment voucher & petty cash voucher.
|
New Inventor K.L.B. BK IV. Pg 6-7
|
|
| 2 | 4 |
SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY
|
Books of original entry.
Sales journal.
|
By the end of the lesson, the learner should be able to:
Highlight features of a sales journal. Prepare a sales journal given credit sales. |
Brief discussion; Illustrated example. |
Sales journal. |
New Inventor K.L.B. BK IV. Pg. 8-10
|
|
| 2 | 5 |
SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY
|
Posting from sales journal to sales ledger and general ledger.
Sales returns journal. |
By the end of the lesson, the learner should be able to:
Transfer entries from a sales journal to a sales ledger and general ledger. Explain purpose of a sales returns journal. Prepare a sales return journal. |
Discussion on illustrated examples.
Examine a sales return journal. Discussion on its features Illustrated example: preparing a sales journal given a number of transactions. |
Sales ledger.
Sales returns journal sample page. |
New Inventor K.L.B. BK IV. Pg 10-12
|
|
| 3 | 1 |
SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY
|
Posting entries to the general ledger and sales ledger.
|
By the end of the lesson, the learner should be able to:
Post entries from sales return journal to the general ledger and the sales ledger. |
Illustrated example;
Supervised practice. Written exercise. |
Sales return journal sample page.
|
New Inventor K.L.B. BK IV. Pg 14
|
|
| 3 | 2 |
SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY
|
Purchases journal.
|
By the end of the lesson, the learner should be able to:
Prepare a purchases journal given some transactions. |
Exposition of new concepts;
Illustrated example on preparing a purchases journal given a number of transactions. Supervised practice. |
Purchases journal sample page.
|
New Inventor K.L.B. BK IV. Pg. 15-17
|
|
| 3 | 3 |
SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY
|
Purchases return journal.
|
By the end of the lesson, the learner should be able to:
Prepare a purchases journal given some transactions. Post entries from the journal to the purchases return ledger. |
Exposition of new concepts;
Illustrated example on preparing a purchases journal given a number of transactions. Supervised practice. |
Purchases return journal sample page.
|
New Inventor K.L.B. BK IV. Pg. 17-19
|
|
| 3 | 4 |
SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY
|
Cash receipt journal.
Cash payment journal. |
By the end of the lesson, the learner should be able to:
Identify features of a cash receipt journal. Post entries from the journal to the general ledger, cash book and debtors ledger. Prepare a cash payment journal. Post cash payment journal entries to ledger accounts correctly. |
Illustrated example on preparing a purchases journal given a number of transactions.
Supervised practice. Exposition of new concepts; Illustrated example; Written exercise. |
Cash receipt journal.
Illustrated cash payment ledger. |
New Inventor K.L.B. BK IV. Pg. 20-21
|
|
| 3 | 5 |
SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY
|
The petty cash book with imprest system.
|
By the end of the lesson, the learner should be able to:
Make entries in a petty cash book. Post entries from the book to ledger accounts. |
Illustrated examples;
Group assignments. |
Illustrated petty cash book.
|
New Inventor K.L.B. BK IV. Pg.26-30
|
|
| 4 | 1 |
SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY
|
Analysis cash book.
|
By the end of the lesson, the learner should be able to:
Record transactions in an analysis cash book. |
Exposition of new concepts;
Worked examples; Discussion; Written exercise. |
Cash analysis sample page.
|
New Inventor K.L.B. BK IV. PG. 32-36
|
|
| 4 | 2 |
SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY
|
General journal.
Transactions passed through the general journal. |
By the end of the lesson, the learner should be able to:
Record transactions in a general journal. Identify transactions that are passed through the general journal. |
Worked examples;
Supervised practice. Exposition of new concepts; Detailed discussion. |
General journal sample page.
text book |
New Inventor K.L.B. BK IV. 36-37
|
|
| 4 | 3 |
SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY
|
Importance of journals.
|
By the end of the lesson, the learner should be able to:
State reasons for maintaining journals. |
Probing questions;
Brief discussion; Topic review & summary; Review of written exercises. |
text book
|
New Inventor K.L.B. BK IV. Pg. 41-53
|
|
| 4 | 4 |
FINANCIAL STATEMENTS
|
Introduction.
Trading Period.
|
By the end of the lesson, the learner should be able to:
Give examples of financial statements. Explain the concept of a trading period of a business. |
Brainstorming, Q/A & Explanations.
|
text book
|
New Inventor K.L.B. BK IV. Pg. 54
|
|
| 4 | 5 |
FINANCIAL STATEMENTS
|
Gross Profit
or Loss.
|
By the end of the lesson, the learner should be able to:
Determine the gross profit or loss of a business. |
Go through worked examples using various approaches.
Supervised practice; Group assignments. |
charts
|
New Inventor K.L.B. BK IV. Pg. 55-57
|
|
| 5 | 1 |
FINANCIAL STATEMENTS
|
The Trading Account.
|
By the end of the lesson, the learner should be able to:
Define the term trading account. Illustrate trading accounts with worked examples. |
Q/A to review the process of obtaining gross profit or loss.
Worked examples. Supervised practice. Assignment. |
text book
|
New Inventor K.L.B. BK IV. Pg. 57-60
|
|
| 5 | 2 |
FINANCIAL STATEMENTS
|
The Trading Account.
|
By the end of the lesson, the learner should be able to:
Define the term trading account. Illustrate trading accounts with worked examples. |
Q/A to review the process of obtaining gross profit or loss.
Worked examples. Supervised practice. Assignment. |
text book
|
New Inventor K.L.B. BK IV. Pg. 57-60
|
|
| 5 | 3 |
FINANCIAL STATEMENTS
|
Net Profit
or
Loss.
|
By the end of the lesson, the learner should be able to:
Define the terms net profit net loss. Determine net profit or loss. |
Brief discussion on distinction between gross and net profit / loss;
Worked examples; Supervised practice; Written exercise. |
chart
|
New Inventor K.L.B. BK IV. Pg. 60-62
|
|
| 5 | 4 |
FINANCIAL STATEMENTS
|
Net Profit
or
Loss.
|
By the end of the lesson, the learner should be able to:
Define the terms net profit net loss. Determine net profit or loss. |
Brief discussion on distinction between gross and net profit / loss;
Worked examples; Supervised practice; Written exercise. |
chart
|
New Inventor K.L.B. BK IV. Pg. 60-62
|
|
| 5 | 5 |
FINANCIAL STATEMENTS
|
Profit or loss account.
|
By the end of the lesson, the learner should be able to:
Prepare profit or loss accounts. |
Detailed discussion;
Worked examples; Supervised practice; Written exercise. |
text book
|
New Inventor K.L.B. BK IV. Pg. 62-67
|
|
| 6 | 1 |
FINANCIAL STATEMENTS
|
Profit and loss account from a trial balance.
|
By the end of the lesson, the learner should be able to:
Prepare profit or loss accounts from a trial balance. |
Supervised practice;
Written exercise. |
magazines,charts
|
New Inventor K.L.B. BK IV. pg 62-67
|
|
| 6 | 2 |
FINANCIAL STATEMENTS
|
Profit and loss account from a trial balance.
|
By the end of the lesson, the learner should be able to:
Prepare profit or loss accounts from a trial balance. |
Supervised practice;
Written exercise. |
magazines,charts
|
New Inventor K.L.B. BK IV. pg 62-67
|
|
| 6 | 3 |
FINANCIAL STATEMENTS
|
The Balance Sheet.
|
By the end of the lesson, the learner should be able to:
Prepare a balance sheet after making adjustments on capital for specific items. |
Exposition of adjustments made on capital for net profit, drawings and additional capital.
Worked examples and Exercises. |
charts
|
New Inventor K.L.B. BK IV. Pg. 67-68
|
|
| 6 | 4 |
FINANCIAL STATEMENTS
|
The Balance Sheet from a trial balance.
|
By the end of the lesson, the learner should be able to:
Prepare a balance sheet from a trial balance. |
Q/A to review a trial balance;
Worked examples. |
text book
|
New Inventor K.L.B. BK IV. Pg. 67-68
|
|
| 6 | 5 |
FINANCIAL STATEMENTS
|
The Balance Sheet from a trial balance.
|
By the end of the lesson, the learner should be able to:
Prepare a balance sheet from a trial balance. |
Q/A to review a trial balance;
Worked examples. |
text book
|
New Inventor K.L.B. BK IV. Pg. 67-68
|
|
| 7 | 1 |
FINANCIAL STATEMENTS
|
Types of Capital.
Types of capital in a balance sheet. |
By the end of the lesson, the learner should be able to:
Outline types of capital. Illustrate types of capital with balance sheet. |
Probing questions;
Teacher?s explanations. Illustrative examples. Written exercise. |
text book
|
New Inventor K.L.B. BK IV. Pg. 68
|
|
| 7 | 2 |
FINANCIAL STATEMENTS
|
Basic financial ratios:
- Mark-up.
|
By the end of the lesson, the learner should be able to:
Define the term mark-up. Explain why mark up is important in a business. Determine business mark up. |
Q/A: definition of a ratio. Teacher exposes and explains the new concepts then leads in an example. |
chart,text book
|
New Inventor K.L.B. BK IV. Pg. 70-71
|
|
| 7 | 3 |
FINANCIAL STATEMENTS
|
- Margin.
|
By the end of the lesson, the learner should be able to:
Define the term margin. Explain why margin is important in a business. Determine business margin. |
Exposition of new concept;
Worked examples; Written exercise. |
text book
|
New Inventor K.L.B. BK IV. Pg. 71-72
|
|
| 7 | 4 |
FINANCIAL STATEMENTS
|
Using mark-up or margin to prepare a trading account.
|
By the end of the lesson, the learner should be able to:
Work out the mark-up given the margin and vice-versa. |
Guided discovery on the relationship.
Illustrative examples. |
text book
|
New Inventor K.L.B. BK IV. Pg.72-74
|
|
| 7 | 5 |
FINANCIAL STATEMENTS
|
Current ratio or Working capital ratio.
|
By the end of the lesson, the learner should be able to:
Define the term current ratio or working capital ratio. Explain importance of current ratio. Calculate current ratio given various balances. |
Exposition & Worked examples;
Discussion. |
text book,chart
|
New Inventor K.L.B. BK IV. Pg. 75-76
|
|
| 8 | 1 |
FINANCIAL STATEMENTS
|
Rate of stock turnover.
|
By the end of the lesson, the learner should be able to:
Define the terms turn over and rate of stock turn over. Calculate the rate of stock turn over. |
Exposition, Worked examples & numericals
Discussion: implications of rate of stock turnover on a business. |
chart
|
New Inventor K.L.B. BK IV. Pg. 76-78
|
|
| 8 | 2 |
FINANCIAL STATEMENTS
|
Stock turn-over and trading account.
|
By the end of the lesson, the learner should be able to:
Prepare the trading account given the rate of stock turn-over. |
Illustrative examples & supervised practice.
|
text book
|
New Inventor K.L.B. BK IV. Pg. 78
|
|
| 8 | 3 |
FINANCIAL STATEMENTS
|
Return on Capital.
|
By the end of the lesson, the learner should be able to:
Define the term return on capital. Calculate return on capital. Explain implications of return on capital on a business. |
Brief discussion;
simple problem solving; Assignment. |
chart, text book
|
New Inventor K.L.B. BK IV. Pg. 79
|
|
| 8 | 4 |
FINANCIAL STATEMENTS
|
Acid test or quick ratio.
|
By the end of the lesson, the learner should be able to:
Determine the quick ratio given current assets, stock and current liabilities. |
Exposition of new concepts;
Simple calculations. |
Business Magazines.
|
New Inventor K.L.B. BK IV. Pg. 79-80
|
|
| 8 | 4-5 |
FINANCIAL STATEMENTS
|
Acid test or quick ratio.
|
By the end of the lesson, the learner should be able to:
Determine the quick ratio given current assets, stock and current liabilities. |
Exposition of new concepts;
Simple calculations. |
Business Magazines.
|
New Inventor K.L.B. BK IV. Pg. 79-80
|
|
| 9 |
END OF TERM EXAMINATION |
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