Lesson Notes By Weeks and Term - Senior Secondary 1

Term: 1^st 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

2. Mention and explain four source documents

CLASSWORK: As in evaluation

CONCLUSION: The teacher commends the students positively