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SS2: FINANCIAL ACCOUNTING - 2ND TERM

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Lesson 2 of 5
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Departmental Accounts | Week 2

Performance Objectives

At the end of this lesson, the students should know:

  • Meaning of Departmental Account
  • Objectives of Departmental Account
  • Advantages of Departmental Account
  • Procedures of allocating expenses and Income
  • Format of Departmental Account
  • Illustration on Departmental Account
  • Solution to Illustration

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