ORDINARY LEVEL PRINCIPLES OF ACCOUNTS

CONTINUOUS ASSESSMENT LEARNING ACTIVITY

(CALA 2)

NAME

SCHOOL
CLASS

DATE

LEARNING AREA: PRINCIPLES OF ACCOUNTS.

LEVEL: O’LEVEL
SYLLABUS TOPIC: BOOKKEEPING.
SUB-TOPIC: THE DOUBLE ENTRY BOOK SYSTEM.
TITLE: PROPER PREPARATION OF THE BOOKS OF ACCOUNTS.

BACKGROUND

The foundation of an effective bookkeeping has always been built on the double entry book system in
the execution. From such a fact, an analysis can be put forward that many of the students or accounts
practitioners who face challenges in this field happen to lack the so much required skills in the collection
and preliminary recording of transactions within the chief, main book of accounts ie. The Ledger.

With such cruciality, a high level of attention in interest is supposed to be rendered to these undeniable
principles.

CALA TIPS

 You may use ICT tools, in researching the much needed information relating to the above
criteria.
 Interviews, business or accounting persons are highly advisable so as to collect first hand
information from persons already working with these aspects in the real world.

Objectives

Part A

 Visit any local firm of your choice and collect information pertaining its transactions, that
include, cash, bank and credit transactions. [10]

Being principle forth positive

Part B

 Prepare books of first entry that include a three column cashbook and at least two different
daybooks. [10]

Part C

 Complete the double entry book system in full. [20]

Being principle forth positive