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Lesson plan

Date: Topic: Incomplete records

Class:

Subject: Accounting

Objectives: Pupils should be able to:

1. Calculate profit using balance sheet method.

2.Prepare final accounts( IS and BS) from incomplete records.

3. Prepare final accounts from ratios.

Strategy: Lecture mode and problem solving

Procedure:

Step 1: Explain how the capital section of the balance sheet can be used to calculate profit

Step 2:Explain each element of the capital section.

Step 3: Explain steps to be taken to prepare final accounts

Step 4:Explain how ratios can be used to prepare income statement and BS

Step 5: Explain how goods stolen can be calculated

Evaluation: Text book pg 66 Q1-3

P 81 q 1-15

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