{"id":3821,"date":"2023-10-05T19:35:21","date_gmt":"2023-10-05T19:35:21","guid":{"rendered":"http:\/\/localhost\/ecole9ja\/?p=3821"},"modified":"2023-10-05T19:37:12","modified_gmt":"2023-10-05T19:37:12","slug":"week-1-and-2-ss3-first-term-book-keeping-notes","status":"publish","type":"post","link":"https:\/\/ecolebooks.com\/nigeria\/posts\/week-1-and-2-ss3-first-term-book-keeping-notes\/","title":{"rendered":"Week 1 and 2 – SS3 First Term Book Keeping Notes"},"content":{"rendered":"

FIRST TERM
\n<\/strong>SCHEME OF WORKS
\n<\/strong>SUBJECT: BOOK-KEEPING
\n<\/strong>CLASS: SS 3
\n<\/strong>WEEKS
\n<\/strong><\/p>\n

    \n
  1. \n
    Revision of 1st<\/sup> term’s work
    \n\t\t\t\t\t<\/strong><\/div>\n<\/li>\n
  2. \n
    Business organization
    \n\t\t\t\t\t<\/strong><\/div>\n<\/li>\n<\/ol>\n
      \n
    • \n
      Features of each type of business organisation
      \n\t\t\t\t\t<\/strong><\/div>\n<\/li>\n<\/ul>\n
        \n
      1. \n
        Business organisation\n<\/div>\n<\/li>\n<\/ol>\n
          \n
        • \n
          Features\n<\/div>\n<\/li>\n
        • \n
          Advantages and disadvantages of each type of business organisation.\n<\/div>\n<\/li>\n<\/ul>\n
            \n
          1. \n
            Business organisation
            \n\t\t\t\t\t<\/strong><\/div>\n<\/li>\n<\/ol>\n
              \n
            • \n
              Advantages and disadvantages of each type of business organisation
              \n\t\t\t\t\t<\/strong><\/div>\n<\/li>\n<\/ul>\n

              5-7. <\/strong>Sources of capital
              \n –\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Define capital
              \n –\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Identify various sources of capital
              \n8. <\/strong>Sources of capital
              \n9. <\/strong>Explain each sources of capital
              \n\t\t\t<\/strong>10. <\/strong>Income and expenditure Account
              \n –\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Preparation of income and expenditure account.
              \n11. <\/strong>Revision
              \n12. <\/strong>Examination
              \nBOOK KEEPING
              \n<\/strong>SS 3
              \n<\/strong>WEEK ONE (REVISION)
              \n<\/strong>WEEK TWO (2)
              \n<\/strong>
              \n\u00a0BUSINESS ORGANISATION
              \n<\/strong>
              \n\u00a0Business:<\/strong> The term “business” describes the activities of individuals, institutions organizations to promote and distribute goods and services satisfying human wants in the society at large.
              \nObjectives of business include the following.
              \na.\u00a0\u00a0\u00a0\u00a0Producing goods and services that satisfy customers’ needs and desires.
              \nb.\u00a0\u00a0\u00a0\u00a0Creating employment opportunities.
              \nc.\u00a0\u00a0\u00a0\u00a0Maintaining and improving the standard of living of people in the society for better health and well being.
              \nd.\u00a0\u00a0\u00a0\u00a0Providing social amenities.
              \ne.\u00a0\u00a0\u00a0\u00a0profit-making.
              \nClassification of business according to the activities they engage in are as follows.
              \na.\u00a0\u00a0\u00a0\u00a0Basic extractive production such as farming, forestry, mining, fishing etc.
              \nb.\u00a0\u00a0\u00a0\u00a0Processing or secondary production such as construction, manufacturing, printing, oil refinery etc.
              \nc.\u00a0\u00a0\u00a0\u00a0Distribution (Commercial industry) such as retail and wholesale trading, transportation, warehousing, advertising etc.
              \nd.\u00a0\u00a0\u00a0\u00a0Services-local state federal government services professional services such as law, surveying, medicine, insurance, real estate, finance, publicity, personal services.<\/p>\n

              \u00a0TYPES OF BUSINESS ORGANISATION
              \n<\/strong>The following are the major types of business units.
              \n(i)\u00a0\u00a0\u00a0\u00a0The sole trader.
              \n(ii)\u00a0\u00a0\u00a0\u00a0The partnership.
              \n(iii)\u00a0\u00a0\u00a0\u00a0The limited liability companies-private and public.
              \n(iv)\u00a0\u00a0\u00a0\u00a0The statutory corporations.
              \n(v)\u00a0\u00a0\u00a0\u00a0The cooperative societies
              \n(vi)\u00a0\u00a0\u00a0\u00a0The trade association chambers of commerce, employers and manufacturers Associations.
              \n(vii)\u00a0\u00a0\u00a0\u00a0The civil services and local authorities.<\/p>\n","protected":false},"excerpt":{"rendered":"

              FIRST TERM SCHEME OF WORKS SUBJECT: BOOK-KEEPING CLASS: SS 3 WEEKS Revision of 1st term’s…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,296],"tags":[],"class_list":["post-3821","post","type-post","status-publish","format-standard","hentry","category-posts","category-first-term-ss3-book-keeping"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/posts\/3821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/comments?post=3821"}],"version-history":[{"count":1,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/posts\/3821\/revisions"}],"predecessor-version":[{"id":3822,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/posts\/3821\/revisions\/3822"}],"wp:attachment":[{"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/media?parent=3821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/categories?post=3821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ecolebooks.com\/nigeria\/wp-json\/wp\/v2\/tags?post=3821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}