Form 3 Business Studies Schemes of Work Term 3

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Category: Form 3 Schemes of Work

Description

The Ledger
- Understanding and applying the concept of the double-entry system.
- Recording various business transactions in ledger accounts, including purchases, sales, returns, expenses, revenues, and drawings.
- Balancing ledger accounts.
- Preparing a trial balance and understanding its purpose and limitations.
- Classifying ledger accounts into personal and impersonal accounts.
The Cash Book
- Identifying and using different types of cash books.
- Recording transactions and balancing single-column, two-column, and three-column cash books.
- Posting transactions from the three-column cash book to the respective ledger accounts.

Form 3 Business Studies Schemes of Work Term 3

Form 3 Business Studies Schemes of Work Term 3