BUSINESS STUDIES JSS2 THIRD TERM

BUSINESS STUDIES 

JSS 2 THIRD TERM 

WEEK TOPIC/CONTENTS 

ACTIVITIES 

IN THIS TERM LEARNERS SHOULD LOOK OUT FOR THE FOLLOWING IN DETAIL:

1 

INSURANCE (cont.) 

Insurance Documents 

- Policy note 

- Cover notes 

- Insurance certificates 

- Claim forms 

Teacher: Mention and explain Insurance 

documents 

Students: Describe how a certificate looks 

like. 

Sample of insurance certificate 

2 

INSURANCE (cont.) 

Insurance Schemes 

At the end of this lesson student should be able to define:

- Pension scheme 

- Health Insurance scheme (NHIS) 

- Benefits of insurance 

Teacher: Define and explain insurance 

schemes, benefits of insurance. 

Students: Discuss what they understand by 

NHIS 

Photocopy of NHIS form 

3 

INSURANCE (cont.) 

Types of Policies 

- Accident insurance 

- Fidelity guarantee 

- Agricultural insurance 

- Export credit insurance. 

- 

Teacher: Discuss these policies with 

benefits. 

Students: Define accident insurance 

Photograph of agricultural products and 

accidents scene to be shown to the students 

4 

LEDGER ENTRIES 

- Meaning of ledger 

- Ledger items 

- Ledger format 

- Types of ledger 

- Preparation of ledger 

Teacher: Define a ledger and prepare one. 

Students: draw a ledger format 

Samples of ledger account to be used. 

5 

LEDGER ENTRIES 

- Cash receipt and payment 

- Recording of cash receipt and 

payments 

- Discount received and discount 

allowed. 

Teacher: Discuss cash receipts, prepare 

accounts that involves cash receipt. Explain 

discount allowed and received. 

Students: Define the word discount. 

A photocopy of receipts cash book 

6 

PETTY CASH BOOK 

- Meaning 

- Columns in petty cash book 

- Entry balances carried down and brought down. 

Teacher: define and explain petty cash book. 

Teach how to make entries and extract balances. 

Students: Draw the format of a petty cash book 

Photocopy or real sample of petty cash book 

as used in the office should be used. 

7 

PETTY CASH BOOK (cont.) 

- Imprest system 

- Petty cash retirement, reimbursement of cash 

Teacher: Draw the format of petty cash book 

making relevant entries. Also explain how 

the petty cashier can be reimbursed or retire money given to him. 

Sample of petty cash book from an accountant 

 8 

CASH BOOK/LEDGER 

Meaning of Cash Book 

- Types of cash book (single entry) 

- Preparing ledger account from 

single cash book. 

Teacher: define cash book, draw the format 

of cash book. Prepare a ledger account 

making entries through the cash book. 

Students: Draw the format of ledger and 

single column cash book. 

Sample of ledger account from the school 

bursar. 

9 

CASH BOOK/LEDGER 

- Double column cash book 

- Items of double column cash book 

- Contra entries 

- Identifying debit and credit entries. 

Teacher: Prepare 2 column cash book emphasizing contra entry cases. 

Students: Define the word contra entry and prepare a double column cash book. 

A photocopy of cash book and ledger 

entries. 

10 

CASH BOOK/LEDGER (cont.) 

- Three column cash book 

- Items of 3 column cash book 

- Types of discount 

- Preparation of 3 column cash book 

Teacher: Draw the format of 3 column cash 

book. Prepare 3 column cash book and 

make entries into the ledger. 

11 

CASH BOOK/LEDGER (cont.) 

- Differences between cash book and 

petty cash book 

- Further treatment on discount 

Teacher: State the differences between 

cash book and petty cash book. 

Students: Point out the differences in the 

cash book and petty cash book. 

Photo of cashbook and petty cash book 

prepared for one year. 

12 

CASH BOOK/LEDGER (cont.) 

- Preparation of 3 column cash book 

with particular reference to credit 

and debit balances 

Teacher: Prepare detailed cash book. Teach 

the students how to identify balances 

(credits/debit) 

Students: Explain what credit and debit 

balances of an account means. 

A sample of cash book that has a credit 

balance. 

13 

REVISION 

14 

EXAMINATION