SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Source documents Introduction. Cash receipt.

By the end of the lesson, the learner should be able to:




Define a source document.
Give examples of source documents.

Describe features of a cash / cheque receipt.

Exposition of new terms;

Brain storming;

Brief discussion.

Cash receipts

New
Inventor
K.L.B.
BK IV.
Pg 1-2

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Invoice.
Debit note and credit note.

By the end of the lesson, the learner should be able to:
Outline details of an invoice.

Examine an invoice.
Probing questions on details of an invoice;
Discussion.

Invoices.
Debit note and credit note.

New Inventor K.L.B. BK IV. Pg. 3-4

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Payment voucher & petty cash voucher.

By the end of the lesson, the learner should be able to:
Identify entry features of a payment voucher & petty cash voucher.

Examine a payment voucher & petty cash voucher.
Discussion.

Payment voucher & petty cash voucher.

New Inventor K.L.B. BK IV. Pg 6-7

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Books of original entry. Sales journal.

By the end of the lesson, the learner should be able to:
Highlight features of a sales journal.
Prepare a sales journal given credit sales.

Brief discussion;
Illustrated example.

Sales journal.

New Inventor K.L.B. BK IV. Pg. 8-10

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Posting from sales journal to sales ledger and general ledger.
Sales returns journal.

By the end of the lesson, the learner should be able to:
Transfer entries from a sales journal to a sales ledger and general ledger.

Discussion on illustrated examples.

Sales ledger.
Sales returns journal sample page.

New Inventor K.L.B. BK IV. Pg 10-12

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Posting entries to the general ledger and sales ledger.

By the end of the lesson, the learner should be able to:
Post entries from sales return journal to the general ledger and the sales ledger.

Illustrated example;
Supervised practice.
Written exercise.

Sales return journal sample page.

New Inventor K.L.B. BK IV. Pg 14

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Purchases journal.

By the end of the lesson, the learner should be able to:
Prepare a purchases journal given some transactions.

Exposition of new concepts;
Illustrated example on preparing a purchases journal given a number of transactions.
Supervised practice.

Purchases journal sample page.

New Inventor K.L.B. BK IV. Pg. 15-17

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Purchases return journal.

By the end of the lesson, the learner should be able to:
Prepare a purchases journal given some transactions.
Post entries from the journal to the purchases return ledger.

Exposition of new concepts;
Illustrated example on preparing a purchases journal given a number of transactions.
Supervised practice.

Purchases return journal sample page.

New Inventor K.L.B. BK IV. Pg. 17-19

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Cash receipt journal.
Cash payment journal.

By the end of the lesson, the learner should be able to:
Identify features of a cash receipt journal.
Post entries from the journal to the general ledger, cash book and debtors ledger.

Illustrated example on preparing a purchases journal given a number of transactions.
Supervised practice.

Cash receipt journal.
Illustrated cash payment ledger.

New Inventor K.L.B. BK IV. Pg. 20-21

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

The petty cash book with imprest system.

By the end of the lesson, the learner should be able to:
Make entries in a petty cash book.
Post entries from the book to ledger accounts.

Illustrated examples;
Group assignments.

Illustrated petty cash book.

New Inventor K.L.B. BK IV. Pg.26-30

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Analysis cash book.

By the end of the lesson, the learner should be able to:
Record transactions in an analysis cash book.

Exposition of new concepts;
Worked examples;
Discussion;
Written exercise.

Cash analysis sample page.

New Inventor K.L.B. BK IV. PG. 32-36

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

General journal.

By the end of the lesson, the learner should be able to:
Record transactions in a general journal.

Worked examples;
Supervised practice.

General journal sample page.

New Inventor K.L.B. BK IV. 36-37

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Transactions passed through the general journal.
Importance of journals.

By the end of the lesson, the learner should be able to:
Identify transactions that are passed through the general journal.

Exposition of new concepts;
Detailed discussion.

text book

New Inventor K.L.B. BK IV. Pg. 37-40

PUBLIC FINANCE

Purpose of public finance. Sources of public finance.

By the end of the lesson, the learner should be able to:



Differentiate between internal and external borrowing.

Brainstorming.
Brief discussion.

Business Magazines.

New Inventor K.L.B. BK IV. Pg.125-7

PUBLIC FINANCE

External borrowing.

By the end of the lesson, the learner should be able to:
Differentiate between reproductive debt and dead weight debt.
Identify types of govt?s expenditure.

Exposition;
Discussion.

text book

New Inventor K.L.B. BK IV. Pg. 127-8

PUBLIC FINANCE

Government expenditure. Principles of public expenditure.
Taxation.

By the end of the lesson, the learner should be able to:
Differentiate between recurrent and development expenditure.
Outline principles of public expenditure.

Exposition & discussion.

Newspaper cuttings & relevant magazines.

New Inventor K.L.B. BK IV. Pg. 129-130

PUBLIC FINANCE

Principles of taxation.

By the end of the lesson, the learner should be able to:
Explain basic principles of taxation.

New Inventor K.L.B. BK IV. pg 132-3

PUBLIC FINANCE

Impact and incidence of tax. Classification of taxes on basis of structure.

By the end of the lesson, the learner should be able to:
Differentiate between impact and incidence of tax.

Classify taxes according to structure.
State merits and demerits of taxing people according to structure.

Exposition of new ideas;
Give examples and explanations.

text book

Pg. 133-4

PUBLIC FINANCE

Classification of taxes on basis of impact on the tax payer. - Direct tax.

By the end of the lesson, the learner should be able to:
Classify taxes according to impact on the taxpayer.
State and explain merits and demerits of direct tax.

Guided discussion on direct taxes.

text book

Pg. 135-6

PUBLIC FINANCE

Classification of taxes on basis of impact on the tax payer. - Indirect tax.
Topic summary / review

By the end of the lesson, the learner should be able to:
State merits and demerits of Indirect tax.

Q/A and guided discussion.

text book

Pg. 138-141

INFLATION

Introduction Consumer Price index

By the end of the lesson, the learner should be able to:


Define the terms inflation and deflation.
Define the term CPI.
Compute CPI.

Guided discussion and computations.

Newspaper cuttings & relevant magazines.

145-6

INFLATION

Simple and weighted price relatives.

By the end of the lesson, the learner should be able to:
Compute the price index using simple average of price relatives.
Compute the price index using the weighted average method.

Guided computations.

Supervised practice.

Price relative tables.

Pg. 147

INFLATION

Types of inflation. Causes of demand- pull inflation.
Causes of cost- pull inflation.

By the end of the lesson, the learner should be able to:
outline types of inflation.



Explain the term demand-pull inflation.
Explain causes of demand ?pull inflation.

Teacher exposes new concepts related to inflation types.

Expository and descriptive approaches.

Newspaper cuttings & relevant magazines.

Pg. 147-8


Pg. 149-150

INFLATION

Levels of inflation & Effects of inflation on the economy of a country.

By the end of the lesson, the learner should be able to:
Highlight various levels of inflation.
Outline positive and negative effects of inflation.

Probing questions;
Discussion..

Newspaper cuttings & relevant magazines.

Pg. 152-3,

154-6

INFLATION

Controlling inflation.

By the end of the lesson, the learner should be able to:
Identify some policies adopted by the govt to reduce or control inflation.

Discussion on: control of money supply, control of demand, cost control.

Pg. 156-8

INTERNATIONAL TRADE

Types of International Trade. Advantages and disadvantages of International Trade.

By the end of the lesson, the learner should be able to:



Distinguish bilateral trade from multilateral trade.


State advantages and disadvantages of International Trade.

Brainstorming and guided discussion.


Q/A & guided discussion

Newspaper cuttings & relevant magazines.

Pg. 163-4

INTERNATIONAL TRADE

Terms of International Trade.
Terms of trade among different countries.

By the end of the lesson, the learner should be able to:
Explain the concept terms of International Trade.
Distinguish favourable trade from unfavourable terms of trade.

Probing questions, brief discussion.

text book
newspaper

Pg. 164-6

INTERNATIONAL TRADE

Balance of Payments. (Current A/C)

By the end of the lesson, the learner should be able to:
Define the term balance of payments.
Analyse components of balance of payments.
(Current A/C).

Exposition of new concepts and detailed discussion.

text book

Pg. Pg. 168-9

INTERNATIONAL TRADE

Balance of Payments. (Capital A/C)

By the end of the lesson, the learner should be able to:
Cite examples of transactions that affect the Capital A/C.

Q/A: review types of capital.
Exposition of new concepts and detailed discussion.

newspaper

Pg. 169-170

INTERNATIONAL TRADE

Balance of Payments. (Capital A/C)

By the end of the lesson, the learner should be able to:
Cite examples of transactions that affect the Capital A/C.

Q/A: review types of capital.
Exposition of new concepts and detailed discussion.

newspaper

Pg. 169-170

INTERNATIONAL TRADE

Overall Balance of Payments.
The Official Settlement A/C.

By the end of the lesson, the learner should be able to:
Determine the overall balance of payments.

Q/A: review current A/C and capital A/C.
Illustrative examples.
Assignment.

newspaper
text book

Pg. 170

INTERNATIONAL TRADE

Disequilibrium of Balance of payments. Correction of balance of payment disequilibrium.

By the end of the lesson, the learner should be able to:
Identify causes of Disequilibrium of Balance of payments.

Outline methods of correcting of balance of payment disequilibrium.

Exposition of new concepts & explanations;
Discussion.

text book

Pg. 172-5

INTERNATIONAL TRADE

Terms of sale in international trade.

By the end of the lesson, the learner should be able to:
Identify common terms of sale in international trade.

Exposition & explanations;
Probing questions;
Discussion.

text book

Pg. 175

INTERNATIONAL TRADE

Documents used in international trade.

By the end of the lesson, the learner should be able to:
Identify major documents used in international trade.

Give examples of relevant documents.
Give examples of relevant documents.

text book

Pg. 176-7

INTERNATIONAL TRADE

IMF, ADF and World bank.

By the end of the lesson, the learner should be able to:
State objectives of IMF, ADF and World bank..
Trace a background to the growth of specific
development funds.

Brain storming;
Discussion.

Newspaper cuttings & relevant magazines.

Pg. 179-180

INTERNATIONAL TRADE

IMF, ADF and World bank.

By the end of the lesson, the learner should be able to:
State objectives of IMF, ADF and World bank..
Trace a background to the growth of specific
development funds.

Brain storming;
Discussion.

Newspaper cuttings & relevant magazines.

Pg. 179-180