## Lesson Plan
### Subject: Financial Accounting
### Grade: Senior Secondary 1
### Topic: Working Exercises on Sales Day Book and Return Inward Journal
### Duration: 90 minutes
---
### Objectives:
By the end of the lesson, students will be able to:
1. Understand the structure and importance of the Sales Day Book and Return Inward Journal.
2. Accurately record transactions in the Sales Day Book.
3. Accurately record returns in the Return Inward Journal.
4. Apply their knowledge by working through practical exercises.
---
### Materials:
- Whiteboard and markers
- Handouts with sample transactions
- Financial Accounting textbooks
- Computers/Tablets (optional)
- Projector (optional)
---
### Lesson Outline:
#### 1. Introduction (10 minutes)
- **Greeting & Attendance:** Quickly take attendance and greet students
- **Review Previous Lesson:** Briefly recap the last lesson on basic journal entries.
- **Objective Introduction:** Explain today's topic and its relevance to their accounting knowledge.
#### 2. Explanation and Demonstration (20 minutes)
- **Sales Day Book Overview:**
- Explain what a Sales Day Book is and its significance in recording credit sales.
- Show the format of the Sales Day Book (Date, Customer Name, Invoice Number, Details, Invoice Amount, etc.)
- Example Transaction Entry: Record a sample credit sale.
- **Return Inward Journal Overview:**
- Explain what a Return Inward Journal is and its importance in recording returned items.
- Show the format of the Return Inward Journal (Date, Customer Name, Credit Note Number, Details, Amount, etc.)
- Example Transaction Entry: Record a sample return transaction.
#### 3. Guided Practice (20 minutes)
- **Sales Day Book Practice:**
- Hand out worksheets with sample credit sales transactions.
- Guide students as they enter these transactions into a blank Sales Day Book format provided.
- **Return Inward Journal Practice:**
- Provide a second worksheet with sample return transactions.
- Guide students as they enter these transactions into a blank Return Inward Journal format provided.
#### 4. Independent Practice (20 minutes)
- **Working Exercises:**
- Provide a mixed worksheet of credit sales and return transactions.
- Allow students to independently record these in the appropriate books.
- **Monitoring and Assistance:**
- Walk around the classroom to provide assistance and ensure understanding.
#### 5. Review and Reinforcement (10 minutes)
- **Group Discussion:**
- Discuss common errors observed during the exercises.
- Re-emphasize key points and correct mistakes.
- **Interactive Q&A:**
- Encourage students to ask questions and clarify doubts.
#### 6. Assessment and Feedback (10 minutes)
- **Quick Quizzes:**
- Conduct a short quiz on the Sales Day Book and Return Inward Journal to assess understanding.
- **Feedback Session:**
- Collect worksheets and provide immediate feedback to ensure students understand corrections.
#### 7. Conclusion and Assignment (5 minutes)
- **Recap:**
- Summarize the lesson and key takeaways.
- **Assignment:**
- Assign practice transactions for homework to reinforce the day's learning.
- **Closing:**
- Announce the next topic and prepare students for the upcoming lesson.
---
### Homework:
- Complete the additional set of practice transactions, recording them correctly in a Sales Day Book and Return Inward Journal, to be submitted in the next class.
---
### Evaluation:
- Students will be evaluated based on the accuracy of their entries in class exercises, participation in discussions, quiz performance, and homework completion.
---
This structured lesson plan aims to provide students with a hands-on understanding of the Sales Day Book and Return Inward Journal, reinforcing their accounting skills through practice and interaction.