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SS1: FINANCIAL ACCOUNTING - 1ST TERM

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  1. Introduction to Booking Keeping and Accounting | Week 1
    11 Topics
    |
    1 Quiz
  2. Introduction to Books of Account | Week 2
    6 Topics
    |
    1 Quiz
  3. Subsidiary Books of Account I | Week 3
    4 Topics
    |
    1 Quiz
  4. Subsidiary Books of Account II | Week 4
    4 Topics
    |
    1 Quiz
  5. Principles of Double Entry Book Keeping | Week 5
    1 Topic
    |
    1 Quiz
  6. Cash Book | Week 6
    6 Topics
    |
    1 Quiz
  7. Petty Cash Book | Week 7
    1 Topic
    |
    1 Quiz
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Lesson 1 of 7
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Introduction to Booking Keeping and Accounting | Week 1

Performance Objectives:

At the end of this lesson, you should be able to:

  • Distinguish between bookkeeping and accounting
  • Discuss the history of accounting
  • State the importance of bookkeeping and accounting
  • Identify the various professional bodies in accounting in Nigeria
  • Explain the term accounting ethics
  • Explain the benefits of accounting to the profession and society
  • State the accounting equation
  • Explain the features of debtors and creditors
  • Distinguish between debtors and creditors

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