Education resource centre

9. 
   Revision on SS 1 Exams
   

iii. Features and purpose of good filling system.

Teacher discusses filling, features and purpose.

Students ask questions.

Teaching Resources.

Past questions, trip to an office with a good filling system or files, tags, perforator.

I. filing- forms of filing: classification; alphabetical filing, benefits and and problems, numerical filing, benefits and problems.

II. Chronological filing: meaning, benefits and problems, subject filing: meaning, benefits and problems.

III. Geographical filing: meaning, benefits and problems. Alphanumerical filing: meaning, benefits and problems.

Visit to an organization / office with a typical filing system.

I. Method of filing- centralized and departmental filing, benefits and problems

II. Indexing: meaning, benefits and problems

Filing: System of filing-vertical, lateral filing, shelf filing, flat filing, electronic filing, etc

Visit an organization/ office with good filing system in the students’ environment.

I. meaning, types of source documents (a) cheque (b) invoice (c) purchase order

II. Types of source documents cont (d) receipt (e) credit note (f) debit note (g) statement of account (h) cash register

III. Importance of source document

Cheques, invoice, purchase order, etc

9. 
   Meaning, classes (1) purchases day book – nature, uses, illustrate.
   

III. Sales day book – nature and uses

illustration.

Chart showing sales day book, invoice, etc.

9. 
   Return inwards book – meaning nature and uses, illustration.
   

iii. Cash book types – single Column cash book illustration

Students participate and also ask questions.

Chart showing the ruling.

9. 
   Double/two column cash book.
   

iii. More illustration/example

Students participate and ask questions.

Chart showing cash book.

i. meaning and stages, trading account; - meaning. Items used under it – purchases, sales, stock etc.

ii. Trading account:- preparation.

iii. Profit and loss account – meaning, items used under it – expenses.

Students listen and ask question.

Chart showing ruling.

9. 
   Profit and loss – preparation, determination of profit/loss.
   

iii. Balance sheet – items used in preparing the balance sheet.

Students observe and practise.

Chart showing ruling.

- Posting of items into balance sheet in T format.

- Posting items using horizontal.

- More illustration on item posting.

Chart showing vertical and horizontal forms.

- Balance the balance sheet

- More examples on balance sheet.

- Importance of balance sheet.

Chart showing balance sheet.

- Meaning of turnover, meaning of rate of turnover, items used to calculate the rate of turnover e.g. opening stock, etc.

- Calculation of opening stock, closing stock, average stock, cost of goods sold, (b) average.

- Calculation of (a) percentage gross profit to turnover.

b) Percentage net profit to turnover.

c) Percentage net profit to capital Investment

Students listen, participate and ask questions.

Chart showing calculation of rate of turnover, closing stock, average stock cost of goods sold, etc.

• 
  Revision on last terms work
  
• 
  Turnover – calculation of rate of turnover.
  
• 
  Calculation of (i) percentage of gross profit. (ii) percentage of net profit to turnover. (iii) percentage of net profit to capital investment.
  

Students listen, ask question and do some exercise in the classroom.

Chart showing calculation of turnovers.

9. 
   Meaning of risk and risk management. Classification of risk.
   

III Business and employee insurance benefit of risk management.

Students listen and ask questions.

Chart showing method of risk management.

I Meaning of impress system and characteristics.

II Items under impress system

III Preparation of impress account

List items under impress system and make illustration on the board.

Cardboard sheet with impress format.

I. Advantages of impress system.

II. Proceeds for sale – meaning proper recording of transaction.

III. accurate calculations of all the receipts using calculator cash registers, etc.

Illustrate calculation using cash register.

Cardboard showing prepared format or cash register.

9. 
   Benefits and problem of using calculators, cash register etc. to calculate sales proceeds
   

III. Methods of keeping sales proceeds banks – cheques and profits, benefit and problems.

Students listen, note and ask question.

Calculators, cash register, visit to school tuck up shops, cheque bank draft, etc.

9. 
   Stock exchange – meaning and functions.
   

III. Forms of shareholders – ordinary preference shareholder benefits and problems.

Students participate.

Shares, share certificate.

9. 
   Debenture – meaning, benefits and problems.
   

III. Similarities between debentures and shares.

Students participate and ask question.

Specimen of bonds, debenture etc.

9. 
   Organisational set up of stock markets (a) brokers (b) jobbers (c) issuing houses
   

III. Speculation to stock market: meaning, speculators in the stock market (a) broker (b) bear (c) stages meaning and future.

9. 
   Importance of stock market.
   

III. Benefits of shareholder

9. 
   Revision on last term exam
   

III. Central Securities Clearing System (CSCS) meaning and function

-past question paper

-Handbook on Securities and Exchange Commission.

I. Money market- meaning, regulatory institutions on money market- (a) central bank (CBN) (b) Nigeria Deposit Insurance corporation (c) Commercial banks (d) Issuing houses (e) Depositors

II. Instrument of trade on money market

1. 
   Treasury bill (b) Treasury certificate
   
2. 
   Commercial paper.
   

Teacher mention instrument of trade on money market and discusses them.

Students listen, note the important point and ask questions.

Teaching Resources

Cardboard paper showing regulatory agencies and specimen of treasury bills, bonds, etc.

- Instrument of trade on money market; bill of exchange.

- Institution involved in money market:

a. central bank (b) Commercial bank.

- Discount houses

- Finance houses.

Cardboard paper showing institution involved in money market.

1. Differences between bonds and shares

2. Differences between treasury bills and shares.

3. Differences between commercial paper and commercial certificate.

differences between bond and shares, treasury bills and shares, commercial paper and commercial certificate.

Students participate, ask questions.

Specimen of bond, shares, treasury bills, commercial certificate.

1.Functions of money market.

2. Similarities between money and capital market

3. Differences between money and capital market.

Students participate. Teaching Resources

Cardboard paper showing the differences.

1. Tax – meaning and features of tax.

2. Reasons for tax.

3. Principles of tax.

Students listen and ask questions.

1. System tax – progressive – meaning, benefits and problems.

2. Proportional tax – meaning, benefits and problems.

3. Regressive tax – meaning, benefits and problems.

Students participate.

Teaching Resources

Cardboard paper showing types of taxes.

1.Types of business taxes:

a. Company income tax – meaning and uses

b. Import duties – meaning and uses.

c. Excise duties – meaning and use.

Cardboard paper showing types of taxes.

1. Value added tax – meaning and uses.

2. Export duties – meaning and uses.

3. Purchase tax – meaning and uses.

Cardboard paper showing types of taxes.

1. Sales taxes – meaning and uses.

2. Benefits of taxes.

Cardboard paper showing types of taxes.

• 
  Meaning
  
• 
  Method of filing- centralized and decentralized.
  

• 
  Characteristics of a good filing system
  
• 
  Advantages of a good filing system.
  

• 
  Alphabetical
  
• 
  Numerical
  
• 
  Chronological
  
• 
  Advantages and disadvantages of each.
  

• 
  Subject
  
• 
  Geographical
  
• 
  Alphanumerical
  
• 
  Advantages and disadvantages of each.
  

1. 
   Movement of files
   
2. 
   File movement register
   
3. 
   Types of file-folders, jackets.
   

• 
  FILING EQUIPMENTS:- Box Cabinets, Desk
  
• 
  System of filing: vertical, lateral, shelf.
  
• 
  Electronic filing and use of computer.
  

1. 
   Meaning and types
   
2. 
   Memos (internal and external), differences
   
3. 
   Notice
   
4. 
   Minutes of meetings.
   

Ask questions and copy the notes on the chalkboard.

5. 
   Business letters
   
6. 
   Reports- forms of report- informative and investigative report.
   

Specimen memos, business letters, minutes, report.

1. 
   Application letter
   
2. 
   Interview letter
   
3. 
   Appointment letter
   
4. 
   Goodwill letter.
   

Specimen.