Keep in mind, it is chapter 02 of the text book!
However, we are expected to finish this chapter in 03 classes.
The objectives of this chapter are as under:
(a) To learn the recording tools and concepts used in accounting
(b) Understanding the T - account, debit and credit concepts and the modern debit credit identification process
(c) Learning the process of recording the business transactions in the accounting system
(d) Learning the techniques of preparing journal, ledger and trial balance
(e) Purpose and limitation of a trial balance
Outcome of this chapter:
(i) Misconception about debit credit will be resolved
(ii) Will be able to identify the debit and credit items easily
(iii) Will be able to record the transactions, prepare ledger and trial balance
(iv) Will be capable to explain the merits and shortcomings of a rial balance
Teaching and learning materials to be used:
(1) PowerPoint and Short Video
(2) Text Book and guide materials
(3) Live class