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FINANCIAL ACCOUNTING SS1

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On this page, get all Financial Accounting SS1 topics from First Term to Third Term. Find them below, study them and excel in your examinations.

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First Term

Introduction to Bookkeeping and Accounting
Lesson 1 of 12 within section First Term.
History of Accounting; Worldwide and Nigeria
Lesson 2 of 12 within section First Term.
Advantages and Limitations of Accounting
Lesson 3 of 12 within section First Term.
Careers Opportunities in Book keeping and Accounting
Lesson 4 of 12 within section First Term.
Accounting Equation and Double Entry Principle
Lesson 5 of 12 within section First Term.
Subsidiary Books: Purpose, Characteristics, and Functions.
Lesson 6 of 12 within section First Term.
Preparation of Subsidiary Books.
Lesson 7 of 12 within section First Term.
Ledger
Lesson 8 of 12 within section First Term.
Cash Book – Single Column/Double Column Cash Book 
Lesson 9 of 12 within section First Term.
Discounts – Meaning and Types
Lesson 10 of 12 within section First Term.
Source Documents: Purpose, Characteristics and Functions
Lesson 11 of 12 within section First Term.
Three Column Cash Book 
Lesson 12 of 12 within section First Term.

Second Term

The Trial Balance – Meaning, Preparation, and Uses.
Lesson 1 of 8 within section Second Term. Apologies! You are yet to ENROLL in this course. To access the content, use the ENROLL box at the top of this course. See you inside!
Petty Cash Book 
Lesson 2 of 8 within section Second Term.
Accounting Concepts and Convention
Lesson 3 of 8 within section Second Term.
Final Accounts of a Sole Trader
Lesson 4 of 8 within section Second Term.
Final Accounts of a Sole Trader II
Lesson 5 of 8 within section Second Term.
The Balance Sheet
Lesson 6 of 8 within section Second Term.
Accounts: Meaning and Classifications
Lesson 7 of 8 within section Second Term.
Correction of Errors 
Lesson 8 of 8 within section Second Term.

Third Term

Depreciation of Fixed Assets I
Lesson 1 of 10 within section Third Term.
Depreciation of Fixed Assets II
Lesson 2 of 10 within section Third Term.
Methods of Depreciation – Sum of the Year Digit and Revaluation method
Lesson 3 of 10 within section Third Term.
Provision for Depreciation
Lesson 4 of 10 within section Third Term.
Preparation of Final Accounts with necessary end of the year adjustments
Lesson 5 of 10 within section Third Term.
Departmental Account
Lesson 6 of 10 within section Third Term.
The Bank Account and its operations
Lesson 7 of 10 within section Third Term.
Bank Reconciliation Statement
Lesson 8 of 10 within section Third Term.
Bank Reconciliation Statement II
Lesson 9 of 10 within section Third Term.
Opening Entries and Recording of Subsequent Financial Transactions
Lesson 10 of 10 within section Third Term.

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