This document outlines a lesson plan on trial balances and rectification of errors. The objectives are for students to understand what a trial balance is, how to prepare one, identify types of errors, and rectify errors with or without a suspense account. The teacher will explain the meaning and purpose of a trial balance, different types of errors, and techniques for rectifying errors. Students will practice identifying errors, preparing correct entries, and rectifying errors using suspense accounts. The teacher aims to build students' confidence in solving accounting problems for exams.
This document outlines a lesson plan on trial balances and rectification of errors. The objectives are for students to understand what a trial balance is, how to prepare one, identify types of errors, and rectify errors with or without a suspense account. The teacher will explain the meaning and purpose of a trial balance, different types of errors, and techniques for rectifying errors. Students will practice identifying errors, preparing correct entries, and rectifying errors using suspense accounts. The teacher aims to build students' confidence in solving accounting problems for exams.
This document outlines a lesson plan on trial balances and rectification of errors. The objectives are for students to understand what a trial balance is, how to prepare one, identify types of errors, and rectify errors with or without a suspense account. The teacher will explain the meaning and purpose of a trial balance, different types of errors, and techniques for rectifying errors. Students will practice identifying errors, preparing correct entries, and rectifying errors using suspense accounts. The teacher aims to build students' confidence in solving accounting problems for exams.
This document outlines a lesson plan on trial balances and rectification of errors. The objectives are for students to understand what a trial balance is, how to prepare one, identify types of errors, and rectify errors with or without a suspense account. The teacher will explain the meaning and purpose of a trial balance, different types of errors, and techniques for rectifying errors. Students will practice identifying errors, preparing correct entries, and rectifying errors using suspense accounts. The teacher aims to build students' confidence in solving accounting problems for exams.
Post-Content . General Specific Pre-Content Students have learnt about the Students will be able to Students will be able to basic principles of accounting that for every debit there will be state the meaning of Understand the meaning of trial an equal credit. It implies that if trial balance; balance. the sum of all debits equals the sum of all credits, its presumed enumerate the that the posting to the ledger in objectives of preparing Understand the objective of terms of debit and credit amounts trial balance ; trial balance. is accurate. Content prepare trial balance; Now how to prepare trial It is an arithmetical check under balance. the double entry system which verifies that both aspects of explain the types of Understand the type of errors. every transaction have been errors; recorded accurately. It may be noted that the accounting state various process of Know the errors affecting trial accuracy is not ensured even if balance. locating errors ; the totals of debit and credit balances are equal because some identify the errors Know how to detect errors. errors do not affect which affect the equality of debits and credits. agreement of trial Post-content balance and those Trial balance is an important which do not affect the statement in the accounting agreement of trial process. which shows final balance; position of all accounts and helps in preparing the final statements. rectify the errors Know how to rectify errors. The suspense account is an without preparing account in which the difference suspense account; and Know the preparation and in the trial balance is put till such disposal of suspense account. time that errors are located and rectify the errors with rectified. It facilitates the suspense account preparation of financial statements even when the trial balance does not tally. Home Work /Assignments: NCERT Book –theoretical aspects will be discussed. Assignment sheet is also given Questions taken in the class were also discussed and asked to solve. AND PROGRESS MONTH : ……………….. CLASS--11TH
Teacher's Activity Student's Activity Teacher's Observation And
Remedial
The teacher will guide students to Students will give examples of Teacher will write her recapitulate the preparation of Trial the type of errors made by them observations after completion of Balance in Chapter on Ledger. when they prepare Journal and the topic. In this chapter, teacher will Ledger. The errors pertaining to explain: totalling, posting, casting, Various types of errors : writing amount in wrong (i) Errors of commission account, debiting expenses (ii) Errors of Omission instead of asset and so on. (iii) Errors of Principle They will understand the (iv) Compensating error classification of errors. The teacher will explain the Students will practice questions technique of Rectification of by adopting the process of : errors: Errors affecting only one a) Making correct entry account can be rectified by giving b) Analysing the wrong entry an explanatory note or by passing a c) Passing the rectified entry. journal entry. Errors which affect two or more accounts are rectified Students will understand the by passing a journal entry. reason of preparing ‘Suspense The teacher will explain the A/c’ and how to dispose it. Meaning and utility of suspense They will pass rectifying entries account : An account in which the with the help of Suspense difference in the trial balance is put Account. till such time that errors are located and rectified. It facilitates the Students will be able to built up preparation of financial statements their confidence and ability to even when the trial balance does tackle problems asked in CBSE not tally. examinations. The teacher will guide on the Disposal of suspense account : When all the errors are located and rectified the suspense account stands disposed of.
Teaching Aids : Active inspire, NCERT Book , Reference Book
Methodology/Innovative Methods : Discussion, Recall, Explanation, Question-Answer method, problem
solving
Interdisciplinary Links : Business Studies, Entrepreneurship, Economics and Mathematics
