Lesson Notes By Weeks and Term - Senior Secondary 1

Source documents and subsidiary books

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Term: 1st Term

Week: 8

Class: Senior Secondary School 1

Age: 15 years

Duration: 40 minutes of 2 periods each

Date:       

Subject:      Financial accounting

Topic:-       Source documents and subsidiary books

SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to

  1. Define subsidiary books
  2. Mention and explain some subsidiary books

INSTRUCTIONAL TECHNIQUES: Identification, explanation, questions and answers, demonstration, videos from source

INSTRUCTIONAL MATERIALS: Videos, loud speaker, textbook, pictures

INSTRUCTIONAL PROCEDURES

PERIOD 1-2

PRESENTATION

TEACHER’S ACTIVITY

STUDENT’S ACTIVITY

STEP 1

INTRODUCTION

The teacher reviews the previous lesson on source documents and subsidiary books

Students pay attention

STEP 2

EXPLANATION

She defines subsidiary books

 

Students pay attention and participates

STEP 3

DEMONSTRATION

She mentions and explains some subsidiary books

Students pay attention and participate

STEP 4

NOTE TAKING

The teacher writes a summarized note on the board

The students copy the note in their books

 

NOTE

SOURCE DOCUMENTS AND SUBSIDIARY BOOKS

Subsidiary books are books of prime entry used to record source

documents arising from business transactions before posting to the ledger.

 

Types of Subsidiary Books

  1. Cash Book: This is the subsidiary book for recording receipts and payment of money. The cash book is also a ledger for keeping the account of receipts and payment of cash, transactions. It is the only subsidiary book that is also a ledger; performing a double function.
  2. The Sales Daybook or Sales Journal: This is the subsidiary book for listing all invoices from credit sales of goods.
  3. The Return Inward Book or Sales Return: This is used to list all credit notes for goods returned by customers and all allowance given to them for damaged goods.
  4. The Purchase Daybook or Purchase Journal: The subsidiary book is used to list all invoices from the credit purchase of goods.
  5. The Return Outward Book or Purchase Return: This is the subsidiary book for listing all debit note issued to the supplier for goods returned or allowances for the damaged goods.
  6. The Journal Proper: This is the subsidiary book for recording all other transactions not involving sales and purchase of goods.

EVALUATION:    1. Mention the two books of account

  1. Mention and explain four source documents

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively