SS1 Financial Accounting

Principles of Accounting for Senior Secondary School 1

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  1. Meaning Of Accounting
  2. The History of Accounting
  3. Accounting As A Profession
  4. Future Prospects
  5. Users of Accounting Information
  6. Accounting Equation
  7. The Need For Book Keeping And Accounting
  8. Keeping of Accounting Records As A Soul of Business
  9. Valuation of Stock
  10. Valuation of Assets
  11. Determination Debtors And Creditors
  12. Conservation of Assets
  13. The Concept of Accounting Ethics
  14. Accounting Ethics: Honesty, Transparency & Integrity
  15. Benefits of Accounting Ethics To The Profession & Society
  16. Meaning of Source Documents
  17. Types of Source Documents
  18. Meaning of Subsidiary Books
  19. Reasons For Subsidiary Books
  20. Types of Subsidiary Books
  21. Preparation of Subsidiary Books
  22. Meaning of Double Entry
  23. Principles And Rules of Double Entry
  24. Application of The Rules With Ordinary Cash Book
  25. Double Column Cash Book With Emphasis On Contra-Entry
  26. Preparation of Double Column Cash Book
  27. The Three-Column Cash Book With Discounts Well Explained
  28. Preparation of Three-Column Cash Book
  29. The Ledgers – Meaning And Types
  30. Application To Double Entry Book Keeping From Cash Book
  31. Petty Cash Book: Meaning/Definition
  32. Advantages of Petty Cash Book
  33. Preparation of Petty Cash book
  34. Meaning of Trial Balance
  35. Rules of Trial Balance
  36. Uses of Trial Balance
  37. Trial Balance: Formation Layout
  38. Steps To Extract Balances From A Ledger Account
  39. Preparation of Trial Balance
  40. General Journal: Meaning And Definition
  41. Uses of The General Journal
  42. Advantages of A General Journal
  43. Errors In Accounting
  44. Errors That Affect The Trial Balance
  45. Errors That Do Not Affect The Trial Balance
  46. Correction of Errors And Preparation
  47. Meaning of Suspense Account
  48. Location And Correction of Errors
  49. Personal Account, Impersonal Account, And Real And Nominal Account
  50. Bank Reconciliation Statement: Meaning/Definition
  51. Bank Statement
  52. Interpretation of Bank Statements
  53. Adjustments of Cash Books
  54. Preparation of Bank Reconciliation
  55. Define Accounting Concept.
  56. The Accounting Concepts: Entity Concept, Going Concept, Money Measurement
  57. Trading Account: Meaning/Definition
  58. Terminologies Used In Trading Account
  59. Preparation of Trading Account
  60. Profit And Loss Account: Meaning/Definition
  61. Identification of Profit And Loss Account Items
  62. Preparation of Trading, Profit And Loss Account
  63. Determination of Net Profit And Loss
  64. Bad Debts And Provision For Bad Debts: Meaning
  65. Meaning of Pre- Payments And Accruals & Distinctions Between Pre-Payment And Accruals
  66. Adjustments In Profit And Loss Account
  67. Provision For Depreciation On Fixed Assets: Meaning And Calculation of Depreciation
  68. Balance Sheet: Meaning/Definition
  69. Distinction Between Assets And Liabilities
  70. Identification of Types of Assets And Liabilities
  71. Preparation of Balance Sheet
  72. Control Account: Definition
  73. Features of Control Account
  74. Uses of Control Account
  75. Control Account Terminologies
  76. Meaning of Depreciation
  77. Reasons For Charging Depreciation
  78. Methods of Calculating Depreciation
  79. Meaning of Depreciation Account
  80. Straight Line/Fixed Installment Method
  81. Depreciation Account: Diminishing or Reducing Balance Method: Meaning, Formula, And Preparation

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