SS1 First Term Bookkeeping Lesson Note and Scheme of Work

Week 1: Introduction to Bookkeeping

Lesson Note: Introduce students to the basic concepts of bookkeeping.

Scheme of Work: Cover topics such as definition of bookkeeping, importance, and basic terminology.

Activity: Discuss real-life examples of businesses and their need for bookkeeping.

Week 2: Principles of Double Entry

Lesson Note: Explore the principles of double-entry bookkeeping.

Scheme of Work: Teach the dual aspect concept, debits, and credits.

Activity: Practice journal entries to reinforce understanding.

Week 3: Types of Accounts

Lesson Note: Examine different types of accounts (personal, real, nominal).

Scheme of Work: Define each account type and provide examples.

Activity: Classify various transactions into the appropriate account types.

Week 4: Subsidiary Books

Lesson Note: Introduce subsidiary books for recording specific types of transactions.

Scheme of Work: Explore cash book, sales book, purchases book, etc.

Activity: Have students create their subsidiary books for hypothetical transactions.

Week 5: Trial Balance

Lesson Note: Teach the preparation and purpose of a trial balance.

Scheme of Work: Discuss the steps in preparing a trial balance.

Activity: Provide practical examples for students to prepare trial balances.

Week 6: Bank Reconciliation Statement

Lesson Note: Explain the importance of reconciling bank statements.

Scheme of Work: Detail the process of preparing a bank reconciliation statement.

Activity: Give students real bank statements to reconcile in class.

Week 7: Depreciation

Lesson Note: Introduce the concept of depreciation in bookkeeping.

Scheme of Work: Explain methods of calculating depreciation (straight-line, reducing balance).

Activity: Calculate depreciation for different assets.

Week 8: Final Accounts – Trading and Profit & Loss Accounts

Lesson Note: Discuss the components and preparation of trading and profit & loss accounts.

Scheme of Work: Analyze income and expenses, gross profit, net profit.

Activity: Create trading and profit & loss accounts for sample businesses.

Week 9: Final Accounts – Balance Sheet

Lesson Note: Explore the purpose and structure of a balance sheet.

Scheme of Work: Break down assets, liabilities, and owner’s equity.

Activity: Have students create balance sheets for given scenarios.

Week 10: Cash Flow Statement

Lesson Note: Introduce the concept of cash flow and its importance.

Scheme of Work: Explain the components of a cash flow statement.

Activity: Prepare a cash flow statement for a small business.

Week 11: Revision Week

Lesson Note: Review key concepts covered in previous weeks.

Scheme of Work: Conduct practice exercises and answer questions.

Activity: Organize group discussions to reinforce understanding.

Week 12: Examination Week

Lesson Note: Conduct a comprehensive examination covering all topics.

Scheme of Work: Allocate appropriate time for each section of the exam.

Activity: Administer the exam and collect answer scripts.

Week 13: School Dismissal Week

Lesson Note: Recap the course, highlight key takeaways.

Scheme of Work: Provide additional resources for further study.

Activity: Share feedback on student performance and discuss future learning opportunities.