Home






SCHEME OF WORK
Business Studies
Form 3 2024
TERM III
School




To enable/disable signing area for H.O.D & Principal, click here to update signature status on your profile.











Did you know that you can edit this scheme? Just click on the part you want to edit!!! (Shift+Enter creates a new line)


WK LSN TOPIC SUB-TOPIC OBJECTIVES T/L ACTIVITIES T/L AIDS REFERENCE REMARKS
2 1-2
NET WORTH OF A BUSINESS.
Basic terms used in business.
Book-keeping Equation.
By the end of the lesson, the learner should be able to:



Define basic terms used in business.
State characteristics of assets / liabilities.
Identify sources of assets.
Derive and explain the bookkeeping equation.



Brief discussion on the terms debtor, creditor, asset, liability and capital.


Use a concrete example to arrive at the book-keeping equation.
Apply the book-keeping equation.
Supervised practice.

text book
New Inventor KLB BOOK III Pg 92-95
New Inventor KLB BOOK III Pg 95-97
2 3
NET WORTH OF A BUSINESS.
Balance sheet.
By the end of the lesson, the learner should be able to:
Define the term balance sheet.
Prepare a balance sheet.
Guided preparation of a balance sheet.
Supervised practice.
Assignment.
text book
New Inventor KLB BOOK III Pg 97-98
2 4
NET WORTH OF A BUSINESS.
Importance of a balance sheet.
By the end of the lesson, the learner should be able to:
Explain importance of a balance sheet.
Probing questions;
Discussion.
New Inventor KLB BOOK III Pg 99
3 1-2
NET WORTH OF A BUSINESS.
Book-keeping equation and balance sheet.
Net worth of a business.
By the end of the lesson, the learner should be able to:
Relate book-keeping equation with balance sheet
Determine a business net worth using book-keeping equation and a balance sheet.
Guided discovery;
Discussion.

New Inventor KLB BOOK III pg 99
New Inventor KLB BOOK III Pg 99-100
3 3
NET WORTH OF A BUSINESS.
BUSINESS TRANSACTIONS
Topic review.
Types of business transactions.
By the end of the lesson, the learner should be able to:
Answer questions correctly.
Give examples of business transactions.
Define the term deferred payment.
Give examples of credit transactions.
Answer numerical questions.
Exercise review.
Probing questions;
Oral questions;
Brief guided discussion.
chart
New Inventor KLB BOOK III Pg 100-102
3 4
BUSINESS TRANSACTIONS
Effects of transactions on the balance sheet.
By the end of the lesson, the learner should be able to:
Determine the effects of transactions on the balance sheet.
Worked examples;
Supervised exercise;
Guided discovery.
chart
New Inventor KLB BOOK III Pg 103-108
4 1-2
BUSINESS TRANSACTIONS
Changes in capital: Drawing.
Additional investments.
Profit & losses.
By the end of the lesson, the learner should be able to:
Explain how drawings affect capital.
Explain how additional investments affect capital.
Determine the solvency of a business.
Worked examples
Supervised practice.
Exercise.
Work through an example.
Q/A : review meaning of terms profit and loss.
Work through examples.

text book
New Inventor KLB BOOK III Pg 108-9
New Inventor KLB BOOK III Pg 109-110
4 3
BUSINESS TRANSACTIONS
Initial and final capital of a business.
By the end of the lesson, the learner should be able to:
Compute the capital at the end of a given period.
Work through examples;
Group activities;
Guided discussion.
text book
New Inventor KLB BOOK III Pg 111
4 4
THE LEDGER.
Meaning and purpose of a ledger.
By the end of the lesson, the learner should be able to:


Identify features of a ledger.
Explain the purpose of a ledger.


Exposition of new concepts and detailed discussion.


A ledger book.
New Inventor KLB BOOK III Pg 117
5 1-2
THE LEDGER.
Rules of recording transactions in ledger accounts.
The concept of double entry.
By the end of the lesson, the learner should be able to:
Record transactions in a ledger A/Cs.
Apply the rule of double entry.
Exposition and summary in tabular form

Further worked examples;
Supervised practice.
Assignment.


A ledger.
text book
New Inventor KLB BOOK III 118-120
New Inventor KLB BOOK III Pg 120
5 3
THE LEDGER.
Recording business transactions in ledger accounts.
By the end of the lesson, the learner should be able to:
Record accounting transactions in ledger A/Cs.
Exposition;
Oral questions;
Guided discovery.
Ledger.
New Inventor KLB BOOK III Pg 120-5
5 4
THE LEDGER.
Purchase of goods and purchase of stock in cash / on credit.
Purchase returns.
By the end of the lesson, the learner should be able to:
Record purchase of stock in cash / on credit.
Post entries of purchase returns to ledger account.
Exposition;
Oral questions;
Guided discovery.
Guided discovery;
Numerous examples.
The Ledger.
New Inventor KLB BOOK III Pg 127-9
6 1-2
THE LEDGER.
Sale returns.
Expenses in ledger account.
Revenues in ledger accounts.
By the end of the lesson, the learner should be able to:
Record sales returns in ledger account.
Record expenses in ledger account.
Record revenues in the ledger account.
Worked examples;
Supervised practice.
Practical activity;
Worked examples;
Supervised practice.
The Ledger.
New Inventor KLB BOOK III Pg 130
New Inventor KLB BOOK III Pg 130-1
6 3
THE LEDGER.
Drawings in ledger accounts.
By the end of the lesson, the learner should be able to:
Record drawings in a ledger account.
Practical activity;
Worked examples;
Supervised practice.
The Ledger.
New Inventor KLB BOOK III Pg 132
6 4
THE LEDGER.
Balancing ledger accounts.
By the end of the lesson, the learner should be able to:
Balance ledger accounts.
Oral questions;
Guided discovery;
Numerous examples.
The Ledger.
New Inventor KLB BOOK III Pg 133-4
7 1-2
THE LEDGER.
Balancing an account with only one entry.
Uses of ledger accounts.
Trial balance. Purpose of a trial balance.
By the end of the lesson, the learner should be able to:
Balance an account with only one entry.
Outline uses of ledgers.
Identify features of a trial balance.
Explain the purpose of a trial balance.
Oral questions;
Guided discovery;
Worked examples.
Probing questions;
Guided discussion.
Q/A: review meaning of a trial balance;
Guided discussion.
The Ledger.
chart
New Inventor KLB BOOK III Pg 134-6
New Inventor KLB BOOK III Pg 137-8
7 3
THE LEDGER.
Limitations of a trial balance.
Classification of ledger accounts.
By the end of the lesson, the learner should be able to:
Outline limitations of a trial balance with reference to ?hidden? errors.
Outline errors that may cause a trial balance not to balance.
Distinguish personal from impersonal accounts.
Outline types of ledgers.
Exposition of new concepts;
Guided discussion.
Probing questions;
Discussion.
chart
New Inventor KLB BOOK III Pg 138-9
7 4
THE LEDGER.
The general ledger.
By the end of the lesson, the learner should be able to:
Outline features of the general ledger.
Oral questions;
Guided discussion.
Chart ?classes of accounts and appropriate ledgers.
New Inventor KLB BOOK III Pg 141
8 1-2
THE LEDGER.
THE CASH BOOK
Topic review.
Types of cash books. Single- column cash book.
By the end of the lesson, the learner should be able to:
Answer review questions correctly.


List types of cashbooks.
Identify features of a single-column cash book.
Post entries in a single-column cash book.
Answer questions from revision exercise.



Worked examples.
Written assignment.




Single-column cash book.
New Inventor KLB BOOK III Pg 142-9
New Inventor KLB BOOK III Pg 151-2
8 3
THE CASH BOOK
The two- column cash book.
Ledger accounts from three-column cash book.
By the end of the lesson, the learner should be able to:
Balance off the two- column cash book.
Post transactions from three-column cash book to ledger accounts.
Worked examples.
Written assignment.
Worked examples.
Supervised exercise.
Probing questions;
Illustrated examples;
Guided discussion.
Two-column cash book.
3-column cash book, the ledger.
New Inventor KLB BOOK III Pg 155-6
8 4
THE CASH BOOK
The three-column cash book.
By the end of the lesson, the learner should be able to:
Record transactions in a three-column cash book.
Balance off the three- column cash book.
Worked examples illustrating transactions in a 3- column cash book.
Supervised practice.
Written exercise.
3-column cash book.
New Inventor KLB BOOK III Pg 156-9

Your Name Comes Here


Would You like to provide feedback on the scheme quality and the experience you had? Click on the feedback button below
Download

Feedback

School Name