SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Source documents Introduction. Cash receipt.

By the end of the lesson, the learner should be able to:




Define a source document.
Give examples of source documents.

Describe features of a cash / cheque receipt.

Exposition of new terms;

Brain storming;

Brief discussion.

Cash receipts

New
Inventor
K.L.B.
BK IV.
Pg 1-2

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Invoice.
Debit note and credit note.

By the end of the lesson, the learner should be able to:
Outline details of an invoice.

Examine an invoice.
Probing questions on details of an invoice;
Discussion.

Invoices.
Debit note and credit note.

New Inventor K.L.B. BK IV. Pg. 3-4

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Payment voucher & petty cash voucher.

By the end of the lesson, the learner should be able to:
Identify entry features of a payment voucher & petty cash voucher.

Examine a payment voucher & petty cash voucher.
Discussion.

Payment voucher & petty cash voucher.

New Inventor K.L.B. BK IV. Pg 6-7

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Books of original entry. Sales journal.

By the end of the lesson, the learner should be able to:
Highlight features of a sales journal.
Prepare a sales journal given credit sales.

Brief discussion;
Illustrated example.

Sales journal.

New Inventor K.L.B. BK IV. Pg. 8-10

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Posting from sales journal to sales ledger and general ledger.

By the end of the lesson, the learner should be able to:
Transfer entries from a sales journal to a sales ledger and general ledger.

Discussion on illustrated examples.

Sales ledger.

New Inventor K.L.B. BK IV. Pg 10-12

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Sales returns journal.

By the end of the lesson, the learner should be able to:
Explain purpose of a sales returns journal.
Prepare a sales return journal.

Examine a sales return journal.
Discussion on its features Illustrated example: preparing a sales journal given a number of transactions.

Sales returns journal sample page.

New Inventor K.L.B. BK IV. Pg. 13-14

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Posting entries to the general ledger and sales ledger.
Purchases journal.

By the end of the lesson, the learner should be able to:
Post entries from sales return journal to the general ledger and the sales ledger.

Illustrated example;
Supervised practice.
Written exercise.

Sales return journal sample page.
Purchases journal sample page.

New Inventor K.L.B. BK IV. Pg 14

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Purchases return journal.

By the end of the lesson, the learner should be able to:
Prepare a purchases journal given some transactions.
Post entries from the journal to the purchases return ledger.

Exposition of new concepts;
Illustrated example on preparing a purchases journal given a number of transactions.
Supervised practice.

Purchases return journal sample page.

New Inventor K.L.B. BK IV. Pg. 17-19

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Cash receipt journal.

By the end of the lesson, the learner should be able to:
Identify features of a cash receipt journal.
Post entries from the journal to the general ledger, cash book and debtors ledger.

Illustrated example on preparing a purchases journal given a number of transactions.
Supervised practice.

Cash receipt journal.

New Inventor K.L.B. BK IV. Pg. 20-21

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Cash payment journal.

By the end of the lesson, the learner should be able to:
Prepare a cash payment journal.
Post cash payment journal entries to ledger accounts correctly.

Exposition of new concepts;
Illustrated example;
Written exercise.

Illustrated cash payment ledger.

New Inventor K.L.B. BK IV. Pg. 22-23

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

The petty cash book with imprest system.
Analysis cash book.

By the end of the lesson, the learner should be able to:
Make entries in a petty cash book.
Post entries from the book to ledger accounts.

Illustrated examples;
Group assignments.

Illustrated petty cash book.
Cash analysis sample page.

New Inventor K.L.B. BK IV. Pg.26-30

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

General journal.

By the end of the lesson, the learner should be able to:
Record transactions in a general journal.

Worked examples;
Supervised practice.

General journal sample page.

New Inventor K.L.B. BK IV. 36-37

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Transactions passed through the general journal.

By the end of the lesson, the learner should be able to:
Identify transactions that are passed through the general journal.

Exposition of new concepts;
Detailed discussion.

text book

New Inventor K.L.B. BK IV. Pg. 37-40

SOURCE DOCUMENTS & BOOKS OF ORIGINAL ENTRY

Importance of journals.

By the end of the lesson, the learner should be able to:
State reasons for maintaining journals.

Probing questions;
Brief discussion;
Topic review & summary;
Review of written exercises.

text book

New Inventor K.L.B. BK IV. Pg. 41-53

MONEY & BANKING

Introduction. Barter trade.

By the end of the lesson, the learner should be able to:


Explain the concepts of money and banking.
Describe merits and demerits of barter trade.

Brain storming;
Brief discussion.

text book

New Inventor K.L.B. BK IV. Pg 91-94

MONEY & BANKING

Money system Characteristics of money.

By the end of the lesson, the learner should be able to:
State characteristics of money.

Brainstorming and superficial discussion.

text book

New Inventor K.L.B. BK IV. Pg 95-96

MONEY & BANKING

Functions of money.

By the end of the lesson, the learner should be able to:
Explain major functions of money.

Probing questions;
Discussion.

chart

New Inventor K.L.B. BK IV. Pg. 96-97

MONEY & BANKING

Demand for money (liquidity preference)

By the end of the lesson, the learner should be able to:
Define the term demand for money.

Explain the motives that influence the desire to keep money instead of other assets.

Q/A: review the term demand.

Exposition and probing questions.

text book

New Inventor K.L.B. BK IV. Pg. 97-99

MONEY & BANKING

Supply of money. Banking System.

By the end of the lesson, the learner should be able to:
Define the term supply of money.
Identify various monetary items that are in circulation in an economy.
Identify elements of banking system in Kenya.

Q/A: review the term supply.
Expository approach
Analyse the hierarchy of banks in Kenya.
Give examples of banks in each category.

chart,text book

New Inventor K.L.B. BK IV. Pg. 99-100

MONEY & BANKING

Development of Banking. Commercial Banks.
Services offered by commercial banks.

By the end of the lesson, the learner should be able to:
Outline a brief history on development of banking.

Identify methods employed by commercial banks to generate profits.
Identify services offered by commercial banks.

Exposition and probing questions;
Detailed discussion.

text book

New Inventor K.L.B. BK IV. Pg. 101-103

MONEY & BANKING

Non-banking financial institutions.

By the end of the lesson, the learner should be able to:
Cite examples of non-banking financial institutions.
State functions of non-banking financial institutions.
Outline differences between commercial bank and NBFI.

Exposition;
Brief discussion;
Probing questions.

text book

New Inventor K.L.B. BK IV. Pg. 109-113

MONEY & BANKING

Functions of the Central bank.

By the end of the lesson, the learner should be able to:
Identify objectives and functions of the Central Bank.

Exposition of new ideas;
Guided discussion.

text book

New Inventor K.L.B. BK IV. Pg 113-8

MONEY & BANKING

Trends in banking.

By the end of the lesson, the learner should be able to:
Describe banking policies on types of account, use of computers, ,ATMs, m-banking, Mpesa,
e-banking.

Brain storming;
Discussion.

chart,text book

New Inventor K.L.B. BK IV. Pg. 118-121

PUBLIC FINANCE

Purpose of public finance. Sources of public finance.
External borrowing.

By the end of the lesson, the learner should be able to:



Differentiate between internal and external borrowing.

Brainstorming.
Brief discussion.

Business Magazines.
text book

New Inventor K.L.B. BK IV. Pg.125-7

PUBLIC FINANCE

Government expenditure. Principles of public expenditure.

By the end of the lesson, the learner should be able to:
Differentiate between recurrent and development expenditure.
Outline principles of public expenditure.

Exposition & discussion.

Newspaper cuttings & relevant magazines.

New Inventor K.L.B. BK IV. Pg. 129-130

PUBLIC FINANCE

Taxation.

By the end of the lesson, the learner should be able to:
Define the term taxation.
Identify methods that the give reasons for taxation.

Exposition;
Explanations.

Newspaper cuttings & relevant magazines.

New Inventor K.L.B. BK IV. Pg.131

PUBLIC FINANCE

Principles of taxation.

By the end of the lesson, the learner should be able to:
Explain basic principles of taxation.

New Inventor K.L.B. BK IV. pg 132-3

PUBLIC FINANCE

Impact and incidence of tax. Classification of taxes on basis of structure.

By the end of the lesson, the learner should be able to:
Differentiate between impact and incidence of tax.

Classify taxes according to structure.
State merits and demerits of taxing people according to structure.

Exposition of new ideas;
Give examples and explanations.

text book

Pg. 133-4

PUBLIC FINANCE

Classification of taxes on basis of impact on the tax payer. - Direct tax.
Classification of taxes on basis of impact on the tax payer. - Indirect tax.

By the end of the lesson, the learner should be able to:
Classify taxes according to impact on the taxpayer.
State and explain merits and demerits of direct tax.

Guided discussion on direct taxes.

text book

Pg. 135-6

PUBLIC FINANCE

Topic summary / review

By the end of the lesson, the learner should be able to:
Tackle review question,

Problem solving.Revision;

text book

Pg. 142-144

INFLATION

Introduction Consumer Price index

By the end of the lesson, the learner should be able to:


Define the terms inflation and deflation.
Define the term CPI.
Compute CPI.

Guided discussion and computations.

Newspaper cuttings & relevant magazines.

145-6

INFLATION

Simple and weighted price relatives.

By the end of the lesson, the learner should be able to:
Compute the price index using simple average of price relatives.
Compute the price index using the weighted average method.

Guided computations.

Supervised practice.

Price relative tables.

Pg. 147

INFLATION

Types of inflation. Causes of demand- pull inflation.
Causes of cost- pull inflation.

By the end of the lesson, the learner should be able to:
outline types of inflation.



Explain the term demand-pull inflation.
Explain causes of demand ?pull inflation.

Teacher exposes new concepts related to inflation types.

Expository and descriptive approaches.

Newspaper cuttings & relevant magazines.

Pg. 147-8


Pg. 149-150

INFLATION

Levels of inflation & Effects of inflation on the economy of a country.

By the end of the lesson, the learner should be able to:
Highlight various levels of inflation.
Outline positive and negative effects of inflation.

Probing questions;
Discussion..

Newspaper cuttings & relevant magazines.

Pg. 152-3,

154-6

INFLATION

Controlling inflation.

By the end of the lesson, the learner should be able to:
Identify some policies adopted by the govt to reduce or control inflation.

Discussion on: control of money supply, control of demand, cost control.

Pg. 156-8

ECONOMIC INTEGRATION

Forms & importance of economic integration.

By the end of the lesson, the learner should be able to:
Define economic integration.
Identify forms of economic integration.
Outline forms of economic integration.
Analyze importance of economic integration.
Enumerate advantages and disadvantages of free trade.

Q/A review relevant terms.
Probing questions
& guided discussion.

newspaper

Pg. 182-5

ECONOMIC INTEGRATION

Trade restrictions.

By the end of the lesson, the learner should be able to:
Cite reasons for trade restrictions.
Outline methods of trade restriction.

Q/A & guided discovery.

newspaper

Pg. 185-7

ECONOMIC INTEGRATION

Methods of trade restrictions.

By the end of the lesson, the learner should be able to:
Highlight some methods used to control trade restrictions.

Q/A & exposition.

text book

Pg 186-7

ECONOMIC INTEGRATION

Advantages and disadvantages of trade restrictions.

By the end of the lesson, the learner should be able to:
State advantages and disadvantages of trade restrictions.

Exposition of new concepts.

text book

Pg 187-8

ECONOMIC INTEGRATION

Trends in international trade.

By the end of the lesson, the learner should be able to:
Analyse some current trends in international trade.

Probing questions and brief discussion on EPZ, liberalization e-trade &website.

text book

Pg 188-9