Syllabus content and objectives
Official JAMB Principles of Accounting outline · Section A: Nature and Principles of Accounting
Contents / notes
- Source documents
- Books of original entry
- Accounting equation
- Ledger and its classifications
- Trial balance
- Types and correction of errors
- Suspense Account
Candidate objectives
- Identify various source documents and their uses.
- Relate source documents to the various books of original entry.
- Determine the effect of changes in elements of the Accounting equation.
- Understand the role of double-entry principles in treating financial transactions.
- Extract a trial balance from ledger accounts.
- Identify various types of errors and their corrections.
- Correct errors using a suspense account.
Practice Past Questions on this Topic
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