Business Studies JSS 2 Curriculum Guides – Book Keeping and Business Success (Cashbook, Petty Cashbook, Legal Entries and Book Keeping Ethics)

 

THEME – BOOK KEEPING APPLICATION 

TOPIC 1 – CASH BOOK

 

INSTRUCTIONAL MATERIALS

1. “T” Accounts

2. Ledger

3. Calculator

4. Revision exercise

5. Cash book

6. Textbooks

7. Workbook

 

 

LEARNING OBJECTIVES

By the end of the lesson, students should be able to:

1. explain the meaning of a cash book.

2. identify items and columns on/of a cashbook.

3. prepare a cash book.

4. record cash receipts in a cash book.

5. record bank transactions in a cash book.

6. differentiate between cash book and petty cash book.

 

 

CONTENTS OF THE LESSON

FOCUS LESSONS 

1. Meaning of cash book

2. Types of cash book:

• single column cash book

• two column cash book.

3. Items on a cash book:

• cash column

• bank column

• discount column.

4. Preparation of cash book.

 

 

LESSON PRESENTATION

TEACHER’S ACTIVITIES

The teacher,

1. describes the cash book.

2. lists the importance of a cash book.

3. lists the rules for posting in a cash book.

4. assists in exercise on cash book preparation.

 

 

STUDENT’S ACTIVITIES

The students,

1. prepare the cash book.

2. list the importance of a cash book.

3. list the rules for posting into a cash book.

4. practice exercise on cash book preparation.

 

 

LESSON EVALUATION

Students to,

1. define a cash book.

2. prepare cash book.

3. give three items and columns of a cash book.

4. record cash receipt.

5. record expenditure in cash book.

6. record bank transaction in a cash book.

7. give two differences between cash book and petty cash book.

 

 

THEME – BOOK KEEPING APPLICATION 

TOPIC 2 – PETTY CASH BOOK

 

INSTRUCTIONAL MATERIALS

1. Petty cash book

2. Receipts

3. Ledgers

4. Vouchers

5. Textbooks

6. Workbook

 

 

LEARNING OBJECTIVES

By the end of the lesson, students should be able to:

1. explain the meaning of petty cash book.

2. list the items of petty cash book.

3. analyze the items of expenditure in the petty cash book.

4. state the need for keeping petty cash book.

5. prepare a petty ca sh book.

 

 

CONTENTS OF THE LESSON

FOCUS LESSONS 

1. Meaning of a petty cash book.

2. Columns in a petty cash book.

3. Recording receipts and payment in a petty cash book.

4. Preparation of petty cash book.

5. Imprest system:

• petty cash

• retirement

• reimbursement

 

 

LESSON PRESENTATION

TEACHER’S ACTIVITIES

The teacher,

1. describes the petty cash book.

2. explains the importance of petty cash book.

3. shows record of events in a petty cash book.

4. illustrates to students the variations in the petty cash book. Bearing in mind the petty cash refinement and reimbursement.

 

 

STUDENT’S ACTIVITIES

The students,

1. identify the items of a petty cash book.

2. list the importance of a petty cash book.

3. prepare a petty cash book

• retirement

• reimbursement.

 

 

LESSON EVALUATION

Students to,

1. identify a petty cash book.

2. list four items of expenditure that goes into pretty cash book.

3. list three items of receipt that goes into a petty cash book.

4. mention three importance of petty cash books.

5. prepare a petty cash book.

6. explain imprest system.

 

 

THEME – BOOK KEEPING AND BUSINESS SUCCESS 

TOPIC 3 – BOOKKEEPING ETHICS

 

INSTRUCTIONAL MATERIALS

1. Newspaper cutting on write up on TAP and due process

2. Text books

3. Films

4. Chart

5. Guest speakers

 

 

LEARNING OBJECTIVES

By the end of the lesson, students should be able to:

1. explain transparency, accountability and probity.

2. state the need for transparency, accountabilty and probity (TAP) in public domain.

3. list attributes of transparency, accountability and probity.

4. describe challenges created by the lack of TAP.

5. examine solutions of TAP.

6. explain due process and its operation.

 

 

CONTENTS OF THE LESSON

FOCUS LESSONS 

1. Transparency, accountability and probity:

• meaning

• need for TAP

•  attributes of TAP

2. Due process:

• meaning

• operation

• truthfulness

• openness

• fairness

• impartiality

• respect for the rule of law, etc.

3. Problems created by lack of TAP and their solutions.

 

LESSON PRESENTATION

TEACHER’S ACTIVITIES

The teacher,

1. explains and gives examples of: transparency, accountability and probity (TAP).

2. guides students to determine the need for TAP.

3. explains the attributes of TAP and give examples.

4. gives examples of challenges associated with lack of TAP.

5. explains due process mechanism.

 

 

STUDENT’S ACTIVITIES

The students,

1. participate in the discussion on the meaning of TAP.

2. explain TAP.

3. participate in debate and guest lecturers on TAP and express their views on the issues.

4. identify the need for TAP and due process.

5. copy notes on TAP and due process.

 

 

LESSON EVALUATION

Students to,

1. explain transparency, accountability and probity (TAP).

2. mention three needs for TAP.

3. describe three challenges associated with lack of TAP.

 

 

 

THEME – BOOK KEEPING AND BUSINESS SUCCESS 

TOPIC 4 – LEDGER ENTRIES

 

INSTRUCTIONAL MATERIALS

1. “T” accounts

2. Ledger books

3. Calculators

4. Revision exercises

5. workbook

 

 

LEARNING OBJECTIVES

By the end of the lesson, students should be able to:

1. define a ledger.

2. identify the items on the ledger.

3. record cash receipt.

4. record payments.

5. record discounts received and allowed.

6. make contra entries in t he ledger.

 

 

CONTENTS OF THE LESSON

FOCUS LESSONS 

1. Meaning of ledger

2. Items on the ledger:

• date

• particular folio

• discounts

• amount

3. How to record cash received/payment:

• discount received

• discount allowed

• contra entries.

 

 

LESSON PRESENTATION

TEACHER’S ACTIVITIES

The teacher,

1. explains the meaning of the ledger.

2. lists the items on the ledger.

3. discusses with the learners the contents of the ledger and the importance of each.

4. guides the learners on how to enter correctly on a ledger with examples on the chalkboard.

 

 

STUDENT’S ACTIVITIES

The students,

1. identify elements on the ledger.

2. mention the importance of each item on the ledger.

3. list the importance of ledger.

4. enter correctly items on the ledger.

 

 

LESSON EVALUATION

Students to,

1. define ledgers.

2. list the items on the ledger.

3. record transactions inside ledger.

4. make contra entries.