STOCK VALUATION
Methods of stock valuation are devices which aim to deal with some of the problems. W shall consider some of those commonly adopted. (I) FIRST-IN-FIRST OUT (FIFO) METHOD. This method… Read More »STOCK VALUATION
SS 2 Book keeping Notes (1st, 2nd & 3rd Term)
SS 2 Book Keeping Notes provide a detailed breakdown of all topics covered in the WAEC and NECO syllabus.
This section includes comprehensive notes for the first, second, and third term, helping students understand accounting principles, ledger preparation, trial balance, and financial records.
These notes are structured to make learning simple and effective, ensuring you are well-prepared for internal and external exams.
Download and study complete SS 2 Book Keeping notes for 1st, 2nd, and 3rd term. Fully aligned with WAEC & NECO syllabus to help you excel in exams.
THE THREE – COLUMN CASH BOOK
The three-column cash book is a specialized version of the traditional cash book used in accounting. It contains three separate columns for recording cash transactions: the cash column, the bank… Read More »THE THREE – COLUMN CASH BOOK
CLASSIFICATION OF LEDGER ACCOUNTS
There are two main classes of ledger accounts. These are Personal Accounts Impersonal Account. Impersonal Accounts are sub-divided into two, namely real account and nominal account. (1) Personal Accounts: These… Read More »CLASSIFICATION OF LEDGER ACCOUNTS
CLASSES OF LEDGER
THE LEDGER This is the principal book in which accounts are kept. These accounts are usually referred to as ledger accounts. They are so called because each occupies a specific… Read More »CLASSES OF LEDGER
BOOK-KEEPING 2ND TERM SCHEME OF WORK
BOOK-KEEPING CLASS: SS 2 Revision of 1st Term work Classes of ledger State classes of ledger Identification of the column of a ledger Classes of ledger Posting of transaction into… Read More »BOOK-KEEPING 2ND TERM SCHEME OF WORK
STOCK VALUATION
Methods of stocks valuation are devices which aim to deal with some of the problems. W shall consider some of those commonly adopted. (I) FIRST-IN-FIRST OUT (FIFO) METHOD This method… Read More »STOCK VALUATION
THE THREE – COLUMN CASH BOOK
This is similar to the two column cash book except that the discount column is added to both the debit side and the credit side. The debit side, it will… Read More »THE THREE – COLUMN CASH BOOK
CLASSIFICATION OF LEDGER ACCOUNTS
There are two main classes of ledger accounts. These are Personal Accounts Impersonal Account. Impersonal Accounts are sub-divided into two, namely real account and nominal account. (1) Personal Accounts: These… Read More »CLASSIFICATION OF LEDGER ACCOUNTS
CLASSES OF LEDGER
THE LEDGER This is the principal book in which accounts are kept. These accounts are usually referred to as ledger accounts. They are so called because each occupies a specific… Read More »CLASSES OF LEDGER