Description
This lesson note covers the following topics for SS2 First Term Book Keeping:
1. Revision of 1st Term work
2. Classes of ledger
• State classes of ledger
• Identification of the column of a ledger
3. Classes of ledger
• Posting of transaction into a ledger
• Working exercise.
4. Three column cash book
• Explain the column cash book
• Identification of the columns of a three column cash book.
5. Three column cash book
• Differentiate between single, double and three columns cash book.
6. Three column cash book
• Preparation of three column cash book
7. Three column cash book
• Preparation of three column cash book working exercise
8. Stock valuation
• Meaning, explain stock valuation
• Purposes of stock valuation
9. Stock Valuation
• List different stock valuation method.
• Computation of stock valuation.
10. Stock Valuation
• Computation of stock valuation
• Working exercises on stock valuation
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