Financial Accounting SS1

Students will be exposed to the three column cash book 

To expose the learners to the meaning, examples of source document and meaning of susdidiary books in accounting 

To expose the learners to the meaning, rules and uses of trial balance 

To expose the learners to different errors in financial accounting and it can be corrected 

To expose the students to the meaning of Bank Reconciliation statement the terminologies used in bank in bank reconciliation statement.

To expose the learners to the preparation of bank Reconciliation, adjustment of the cash book and calculator 

To expose the learners to the meaning of accounting concepts, it's important and the principles 

To expose the learners to the format of purchases ledger control account, contal entries and preparation of purchases ledger control account.

To expose the learners to the meaning of depreciation account reasons, causes andmethods of depreciation 

To expose the learners to the meaning of straight line method it's formula and preparation of depreciation using straight line method 

To expose the learners to the meaning of diminishing balance method, it's formula and preparation of depreciation by using diminishing balance method