BUSINESS STUDIES SCHEMES OF WORK FORM THREE 2013 TERM I REFERENCES: 1. Longman Explore Book 2. Inventor KLB Book 3. Certificate Business Studies Book 4. KLB Top Mark Series Business Studies 1 W K 1 LS N 2 1-3 Product Promotion Trends in product promotion 3 TOPIC OBJECTIVES L/ACTIVITIES L/T AIDS REFERENCE REPORTING AND REVISION 1 2 3 Demand And Supply Demand And Supply Demand And Supply 4-1 Demand And Supply 4 SUB-TOPIC 2 Demand And Supply By the end of the lesson, the learner should be able to Discuss, trends in product promotion Meaning of demand, Factors influencing demand Discussions Browsing, the internet using computer Observing pictures and photos Viewing diagrams and charts Reading newspaper Listening and watching various advertisement on radio and T.V Computers Pictures Diagrams Charts Radio Television Newspapers Relevant business environment Case studies Resource persons By the end of the lesson, the learner should be able to Explain the meaning of demand state and explain factors which influence demand for a product By the end of the lesson, the The law of demand learner should be able to and derived demand State the law of demand Joint demand Give the assumption of law of Demand schedule demand Differentiate derived and joint demand Define demand schedule By the end of the lesson the Demand curves/ learner should be able to movement along Describe demand curves the demand curves Derive a demand curve from demand schedule Explain movement along the demand curve Shift in the demand By the end of the lesson the curve learner should be able to Definition Describe the shift in the demand Causes to increase curve (right Explain causes of shift to the Cause to the left left and right Taking notes Visiting market Asking and answering questions Market Text book Taking notes Asking and answering questions Sketching diagram of demand schedule Text book Drawing curves Taking notes Asking and answering questions Text book curves/graphs Supply Asking and answering questions By the end of the lesson the learner should be able to Dynamics of business studies Bk 2 pg 274-277 Certificate business studies book 2 page, 165-166 Gateway sec. Revision pg 161 Longman Explore Business studies students copy Pg 1-3 KLB inventor secondary business studies students book Pg 1-5 Longman Explore Business studies students copy Pg 4-5 KLB inventor secondary business studies students book Pg 5-7 Longman Explore Business studies students copy Pg 5-7 KLB inventor secondary business studies students book Pg Drawing curves and graphs Text book Taking notes Graphs Asking and answering questions 2 Inventor KLB book 2 page 136-138 Text book Longman Explore Business studies students copy Pg 8-9 KLB inventor secondary business studies students book Pg 8-9 Longman Explore Business studies students copy Pg 10- REMARKS define the term supply State factors that influence supply of a product 3 4 5 1 2 3 & 4 Demand And Supply Demand And Supply Demand And Supply Demand And Supply Demand And Supply Supply Schedule Supply Curve Movement along the supply curve Shift in Supply Curves Equilibrium Price and quantity Excess demand and supply Effects of shifts in the demand and supply curves on equilibrium price & quantity Shift in demand Positive shift Negative shift Shift in supply Positive Negative By the end of the lesson, the learner should be able to: Describe shift in supply curve Derive supply curve from supply schedule Distinguish between movement along a supply curve By the end of the lesson the learner should be able to: Determine equilibrium price and quantity State effects price above or below the equilibrium price By the end of the lesson, the learner should be able to : Explain positive and negative shift in demand and the results By the end of the lesson the learner should be able to 1 Demand And Supply Other methods of determining price of a product Price control Taxation By the end of the lesson, the learner should be able to Explain other methods of determining price of a product 11 KLB inventor secondary business studies students book Pg 10-14 By the end of the lesson, the Asking and answering learner should be able to: questions Describe supply schedule Taking notes Explain the movement along the supply curve Explain positive and negative shift in supply 6 Taking notes Textbook KLB inventor secondary business studies students book Pg 14-15 Drawing curves Taking notes Asking and answering questions Text book curves Drawing the demand and supply curve Asking and answering questions Taking notes Discussions Drawing the demand and supply curve Discussions Observing drawn curves on charts Taking notes Asking and answering questions Drawing of supply and demand curves Observing drawn curves from the text book & charts Asking and answering questions Taking notes Graphs Text book Discussions Asking and answering questions Taking notes Text book Photograph 3 Longman Explore Business studies students copy Pg 1011 Longman Explore Business studies students copy Pg 1314 KLB inventor secondary business studies students book Pg 15-16 Longman Explore Business studies students copy Pg 1619 KLB inventor secondary business studies students book Pg 14-16 Charts Textbooks Longman Explore Business studies students copy Pg 1920 KLB inventor secondary business studies students book Pg 17-18 Charts Textbook Longman Explore Business studies students copy Pg 1820 KLB inventor secondary business studies students book Pg 20 Longman Explore Business studies students copy Pg 21 KLB inventor secondary 7 2 Demand And Supply 3 Size and location of a firm 4 8 1 Size and location of a firm Size and location of a firm Auction Tendering Haggling/bargainin Emerging issues Unethical practices & integrity of traders & Revision questions Taking photograph of auctioneers By the end of the lesson, the learner should be able to: Explain emerging issues Answer questions on the topic covered business studies students book Pg 21 Asking and answering questions Discussions Taking notes Textbook Text book Introduction Theory An-industry A firm Objectives of a firm Reasons around what to produce What How Where When How much Factors influencing the decision on what to produce Consumer preferences Government policies Level of competition Level of technology Economic factors Social, cultural financial liability By the end of the lesson, the learner should be able to: Define the terms, theory, a firm, industry Describe the objectives of a firm Explain the decisions around what to produce Asking and answering questions Discussions Taking notes By the end of the lesson, the learner should be able to : Explain factors influencing decision on what to produce Discussions Asking and answering questions Taking notes Determining the size of a firm Number of employees Volume of output Floor area covered by premises Capital interested Market share Production Methods Sales volume By the end of the lesson, the learner should be able to: Explain different factors determining the size of a firm Longman Explore Business studies students copy Pg 2123 Longman Explore Business studies students book 3copy Pg 24-26 KLB inventor secondary business studies students book Form 3 Pg 23 Textbook Longman Explore Business studies students book 3copy Pg 24-26 KLB inventor secondary business studies students book Form 3 pg 23-24 Asking and answering questions Discussions Taking notes Text book Longman Explore Business studies students book 3copy Pg 28 KLB inventor secondary business studies students book Form 3 24-25 4 2 3 4 & 1 9 2 Size and location of a firm Size and location of a firm Size and location of a firm Size and location of a firm The location of a firm Factors that influence the location of a firm Proximity to raw materials Availability of labour Nearness to the market Nearness to the By the end of the lesson, the learner should be able to Explain factors that influence the location of a firm Taking notes Discussions Asking and answering questions Taking notes Longman Explore Business studies students book 3copy Pg 28-30 KLB inventor secondary business studies students book Form 3 25-27 Localization of firms in an economy Definition Advantages Disadvantages Delocalization of firms Economies of scale Advantages & disadvantages Internal economies Technical Managerial Marketing Financial Research Welfare Diversification By the end of the lesson the learner should be able to Define localization Explain the advantages and disadvantages of localization Discussions Asking and answering questions Taking notes By the end of the lesson, the Taking notes learner should be able to Discussions Define delocalization of firms Taking notes Explain advantages and disadvantages of delocalization Define economies of scale Explain internal economies of scale Text book External Economies Diseconomies of scale Internal diseconomies Managerial High-overhead cost Slow decision Increased risk Wastage Problems of getting factors of production By the end of the lesson, the learner should be able to: Explain external economies of scale Define diseconomies of scale Explain internal diseconomies of scales Textbook Taking notes Asking and answering questions Textbook Longman Explore Business studies students book 3copy Pg 30-31 KLB inventor secondary business studies students book Form 3 27-28 Longman Explore Business studies students book 3copy Pg 32-33 KLB inventor secondary business studies students book Form 3 29-31 Longman Explore Business studies students book 3copy Pg 33-34 KLB inventor secondary business studies students book Form 3 31-32 5 3 4 10 1 Size and location of a firm Size and location of a firm Size and location of a firm External diseconomies of scale Scramble for raw materials Non-availability of kind for expansion Competition Targets during wars Existence of small firms in the economy Size of the market Nature of products Flexibility Simplicity in organization Small capital Self control Government support Implication of product activities on the environment Pollution Air Noise Environmental degradation Social effects Depletion of energy sources Solid waste Pollution Maintaining a healthy environment Check on pollution Security Required resource Good interpersonal relation Measures to appreciate the negative impact of production By the end of the lesson, the Asking and answering learner should be able to: Discussions Explain external diseconomies Taking notes of scale Explain reasons for existence of small firms in economy Textbook Longman Explore Business studies students book 3copy Pg 35-36 KLB inventor secondary business studies students book Form 32-33 By the end of the lesson the learner should be able to: discuss the implications of production activities on the environment and community Discussion Text book Asking and answering Photographs questions Resource persons Taking notes Visiting a manufacturing firm Listening to resource persons Taking photographs By the end of the lesson, the learner should be able to: Discuss the ways of main training healthy environment and articulating the negative impacts Explain the emerging issues Taking notes Asking and answering questions Discussion Text book Longman Explore Business studies students book 3copy Pg 36-37 KLB inventor secondary business studies students book Form 33-35 Longman Explore Business studies students book 3copy Pg 36-39 KLB inventor secondary business studies students book Form3 36-38 6 activities to the environment Emerging issues 2 3 4 11 1 2 Product Markets Product Markets Product Markets Product Markets By the end of the lesson, the learner should be able to: Define the term production, market, commodity Describe how nature of buyers, sellers and product determine the type of market Explain perfect competition market State its features By the end of the lesson, the Monopoly market learner should be able to: structure Define monopoly market Definition structure Price discrimination Explain how price Basis of market discrimination is done in separation monopoly Sources of Market structure monopoly power Explain the sources of monopoly markets By the end of the lesson, the Monopolistic learner is supposed to define Competition. Monopolistic competition Oligopoly market, oligopoly Explain the characteristics of monopoly and oligopoly markets By the end of the lesson, the The learner should be able to: Emerging issues Explain the emerging issues in product markets Definition Elements dictating market sellers, buyers and product Types and features of product markets Perfect competition Definition of Chain Distribution Distribution Channel of distribution Function of channel of distribution General channel Local agricultural products By the end of the lesson the learner should be able to: Define distribution State functions of channels of distribution Sketch the channels of distribution Discussions Asking and answering questions Taking notes Text book Longman Explore Business studies students book 3copy Pg 43-46 KLB inventor secondary business studies students book Form3 40-42 Asking answering questions textbook Taking notes discussions Asking and answering questions Taking notes Discussions Asking and answering questions Taking notes Discussions Text book KLB inventor secondary business studies students book Form3 42-45 Longman Explore Business studies students book 3copy Pg 47-49 KLB inventor secondary business studies students book Form3 45-49 Text book Charts of sketched channels Charts of distribution Textbook Asking and answering questions Taking notes Discussions 7 Longman Explore Business studies students book 3copy Pg 46-47 Longman Explore Business studies students book 3copy Pg 49 KLB inventor secondary business studies students book Form3 47-49 Longman Explore Business studies students book 3copy Pg 53-55 KLB inventor secondary business studies students book Form3 49-53 3 4 12 1 Imported agricultural products Locally manufactured goods Imported manufactured goods Roles played by Chain Distribution intermediaries in the distribution chain Reducing transaction between producers & consumer Breaking bulk Accumulating bulk Risk taking Providing finance Passing information Product promotion Storage variety Factors that may Chain Distribution influence choice of distribution of channels Nature of goods Nature of market Government policies Nature of competition Cost of channel Need to break bulk Emerging issues Corruption Counterfeit Outsourcing Ecommerce HIV and Aids Meaning National Income Gross Domestic Product Gross National Product Pre-capital income By the end of the lesson, the learner should be able to: Explain roles played by intermediaries in the distribution chain Asking and answering questions Taking notes Discussions By the end of the lesson, the learner should be able to: Explain the different factors that may influence choice of distribution channels Explain the emerging issues Discussions Asking and answering questions Taking notes By the end of the lesson the learner should be able to: Give meaning of national income GNP,GDP, pre-capital income Text book Longman Explore Business studies students book 3copy Pg 55-56 KLB inventor secondary business studies students book Form3 54-57 Text book Longman Explore Business studies students book 3copy Pg 55-56 KLB inventor secondary business studies students book Form3 57-58 Discussion Teacher explaining the meanings Asking and answering questions Taking notes 8 Text book Longman Explore Business studies students book 3copy Pg 60-56 KLB inventor secondary business studies students book Form3 59-66 2 3 4 13 1 2 National Income National Income National Income National Income Circular flow of Income Two sector economy Assumptions Infections Leakages Savings Government Circular glow of income investment Foreign trade Equilibrium national income S+T+M=I+X+G S=saving T=taxes M-Imports I=Investments X=Exports G= Government expenditure Measurement of National income Expenditure approach National income= C+I+G+(X-M) Problems of expenditure approach Income approach I=G.N.I -Depreciation Problems of income approach By the end of the lesson the learner should be able to: Describe circular flow of income State the assumptions of two circular or flow of income Define infections and leakages Explain savings government as an injection of leakage By the end of the lesson, the learner should be able to Explain, investment, foreign trade Describe equilibrium national income . By the end of the lesson, the learner should be able to: Describe expenditure approach in measuring national income Explain problems associated with expenditure approach By the end of the lesson, the learner should be able to Describe: Income approach Explain problems associated with income approach By the end of the lesson the The output method learner should be able to: Problems of using Describe the out-put method in output approach measuring national income Explain problems associated with output approach Asking and answering questions Discussions Taking notes Teacher explaining Injections and leakages/savings Sketching the two sector economy circular flow of income Asking and answering questions Discussions Taking notes Text book Longman Explore Business studies students book 3copy Pg 61-62 KLB inventor secondary business studies students book Form3 60-62 Text book Longman Explore Business studies students book 3copy Pg 62 KLB inventor secondary business studies students book Form3 62-63 Discussions Taking notes Asking and answering questions Text book Longman Explore Business studies students book 3copy Pg 63-64 KLB inventor secondary business studies students book Form3 64-65 Discussion Taking notes Asking and answering questions Text book Taking notes Asking and answering questions Discussions Text book 9 Longman Explore Business studies students book 3copy Pg 63 KLB inventor secondary business studies students book Form3 64-65 Longman Explore Business studies book 3copy Pg 65-66 KLB inventor secondary business studies students book Form3 63-64 3 4 14 National Income National Income Uses of National income statistics Indicators of standards of living Comparing standards of living in different countries Assessing the performance of economy over time Assisting the government to practice economy Problems encountered in measuring the national income By the end of the lesson, the learner should be able to: Describe the uses of national income statics Discussions Asking and answering questions Taking notes Text book Longman Explore Business studies students book 3copy Pg 67-68 KLB inventor secondary business studies students book Form3 66-67 By the end of the lesson, the learner should be able to: Explain factors which influence the level of national income Discuss emerging issues in national income Asking and answering questions Take notes Discussions END OF TERM EXAM 10 Text book KLB inventor secondary business studies students book Form3 66-67 BUSINESS STUDIES SCHEMES OF WORK FORM THREE 2024 TERM II REFERENCES: 1. 2. 3. 4. Longman Explore Book Inventor KLB Book Certificate Business Studies Book KLB Top Mark Series Business Studies 5. Trend Business Studies Book 3 11 W K 1 LS N 1 2 3 4 TOPIC SUB-TOPIC OBJECTIVES L/ACTIVITIES L/T AIDS REFERENCE CHECKING OF ASSIGNAMENTS National Income National Income National Income Meaning of National income Gross domestic product Gross national product Per capita income The circular flow of income Assumptions of the circular flow of income Injections and Withdrawal By the end of the lesson, the learner should be able to: Explain Meaning of National income , Gross domestic, product Gross national product, Per capita income. Discussions Asking and answering questions Taking notes Text book News papers By the end of the lesson, the learner should be able to: Define The circular flow of income and explain the Assumptions of the circular flow of income By the end of the lesson, learner should be able to: identify the Injections and Withdrawal Asking and answering questions Taking notes Discussion Textbook Resource person Asking questions Taking notes Text books Journals News PAPERS Trend Business Studies Book 3 page 54-55 Longman Explore Business studies students book 3copy Pg 68-69 KLB inventor secondary business studies students book Form3 68-70 Inventor book 3-page 60-61 Trend business book 3 page 56-57 Trend Business Book 3 page 58-59 Longman Explore Business studies students book 3copy Pg 73-74 KLB inventor secondary business studies students book Form3 71 2 ROUND ONE EXAMS 3 1-3 4 ROUND ONE EXAMS National Income Measurement of National Income Expenditure approach & problems associated with it By the end of the lesson the learner should be able to: Asking questions Explain how National income is Taking notes measured using the expenditure approach methods and identity problems associated with it 12 Inventor book 3 page 63-64 Text book Journals Magazines Newspapers Trend business book 3 page 62-63 REMARKS 4 1 National Income Income approach method Problem associated with it By the end of the lesson, the learner should be able to Explain how national income is measured using the income approach, identify problems associated with this methods Asking and answering questions Taking notes Discussions Reading journals and magazines on population census Text book Journals Magazines Longman Explore Business studies students book 3copy Pg 75-77 KLB inventor secondary business studies students book Form3 75-76 trend business book 3-page 61 5 2 National Income 3 National Income 4 National Income 1 Population and Employment 2 Population And Employment 3 Population And Employment Output approach And problems associated with it Uses of National Income statistics By the end of the lesson, learner should be able to explain Output approach And problems associated with it By the end of the lesson, the learner should be able to: Explain how National Income statistics are used Factors influencing By the end of the lesson, the the level of national learner should be able to: income Identify and Explain the factors influencing level of national income Basic factors ‘Birth rate By the end of the lesson, the Factors determine learner should be able to: fertility Define terms Factors leading to Birth rates high birth rate Fertility rate Identify factors leading to high birth rates Factors leading to low birth rates By the end of the lesson, the Mortality rate learner should be able to Migration Explain the factors leading to low birth rate Optimum population Meaning Depiction of This population Reading journals Reading magazines and newspapers national income Asking and answering questions Taking notes Reading journals on National Income Reading newspaper Asking and answering questions Taking notes Journals Magazines Newspapers Text book Inventor book 3 page 64-65 and Trend business studies book 3 Inventor book 3 page 66-67 Journals Magazines Newspapers Text book Trend in business studies page 69 Inventor book 3 page 68-70 Asking and answering questions Taking notes Discussions Text book Newspapers Asking and answering questions Taking notes Discussion Text book Newspapers Asking and answering questions Taking notes Discussions Text book Resource persons Journal Magazines Asking and answering questions Taking notes Discussions Text book Population census report Trend in business studies page 70-71 Inventor book 3 page 71-72 Trend business book 3 page 73 Inventor Book 3 page 71-73 Trend business studies book 3 page 76-77 Inventor book 3-page 73-74 By the end of the lesson, the learner should be able to Explain optimum population and give the importance of this population to this economy 13 Trend business studies book 3 page 81-82 4 Population And Employment Under population Factors leading to under population 1 Population And Employment Disadvantages of under population 2 Population And Employment Over-population Meaning and advantages 6 By the end of the lesson, the learner should be able to; Define under population and explain the factors leading to under population By the end of the lesson, the learner should give the Disadvantages of under population Asking and answering questions Taking notes Discussions By the end of the lesson, the learner should be able to: Explain Over-population And give the advantages of over population Discussions Asking and answering questions Text book Newspaper Journal Charts By the end of the lesson, the learner should be able to: Explain the Disadvantages of over population in a county Asking and answering questions Taking notes Discussions Text book Newspapers Charts Resource person Asking and answering questions Taking notes discussions Text books Magazines Resource person Inventor book 3 page 74-75 Inventor book 3 page 75 Text book Newspapers Journals Inventor book 3 page 77 3 Population And Employment Disadvantages of over population Trend business book 3 page 79-80 Inventor book 3 page 77 Longman Explore Business studies students book 3copy Pg 90-91 KLB inventor secondary business studies students book Form3 99-100 4 Population And Employment 7 1 Population And Employment 2 Population And Employment By the end of the lesson, the learner should be able to: Explain term Declining population and give the effects of declining pollution By the end of the lesson, the Meaning of learner should be able to: Business Explain the meaning of business transactions transaction Cash & Credit Distinguish between cash and transactions credit transactions Effects of Determine the effects of transaction on transactions on the balance balance sheet sheet By the end of the lesson, the Implication of learner should be able to: population,poluatio Discuss how profits and loss n size and Explain the implication of development population size and in structure on development Declining Population and effects of declining population Inventor book 3-page 79-80 Asking and answering questions Taking notes Discussions Text book Resource people News papers Taking notes Asking and answering questions Discussions Textbook © Education Plus Agencies KLB inventor secondary business Form3 108-109 Longman Explore Business studies students book 3copy Pg 96-99 KLB inventor secondary business studies students book Form3 103-108 Inventor book 3page 80-83 Asking and answering questions Taking notes Discussions 14 Text book Journals Charts Trend business book 3 pg 80 3 Population And Employment 4 Population And Employment 1 Population And Employment 8 2 Population And Employment Employment and unemployment Types of unemployment, frictional, seasonal and structural Cyclical, real wage, Disguise. residual unemployment Group discussion By the end of lesson the learner Question and answers should be able to: Explain these types of unemployment Inventor book 3 page 83-84 Textbooks Chalk board Question papers By the end of the lesson, the learner should be able to: Explain These types of unemployment Asking and answering questions Taking notes Discussions Text book News papers Journals By the end of the lesson, the learner should be able to: Identify and Explain the causes of unemployment Discussions Taking notes Asking and answering questions Text books News pares Resources Person Measures to solve unemployment By the end of the lesson, the learner should be able to: Identify the different ways of solving unemployment Taking notes Discussions Asking and answering questions Text books Newspapers Resource people Continuation to Measures to solve unemployment By the end of the lesson, the learner should be able to To explain different ways of countering unemployment Asking and answering questions Taking notes Discussions News pares Census report Journals Courses of unemployment Trend business studies page 88-89 Inventor Book 3 page 85-86 KLB inventor secondary business studies students book Form3 117-118 Inventor book 3 page 87 Trend business book 3 page 90-91 KLB inventor secondary business studies students book Form3 118-119 Inventor book 3 page 88 and trend business book page 91 KLB inventor secondary business studies students book Form3 120-126, 128,130 Inventor book 3 page 89-90 3 Population And Employment 4 KLB inventor secondary business studies students book Form3 126, 127,129 HALF TERM BREAK Inventor book 3 page 92 9 1 Deterring Net worth of a business Basic terms used in By the end of the lesson, the business learner should be able to: Debtor Explain the named factors Creditor Goods Taking notes Discussions Asking questions and answering Text book KCSE past papers 2 Determining Net worth of a business continuation of basic terms Assets Characteristics of Taking notes Asking and answering questions Discussions Textbook Newspapers Tread in business page 96-97 Inventor book page 93 By the end of the lesson the learner should be able to: Identify and explain the characteristics of assists 15 Trend business page 97 -98 Assets Inventor book 3 page 94 3 Determining Net worth of a business Liabilities Characteristics Capital By the end of the lesson, the Asking questions learner should be able to: Define Taking notes liabilities and Discussions Give characterizes Text book Journal Revision past pares 4 Determining Net worth of a business Book keeping equation Sources of resources of a business External and Internal sources By the end of the lesson the learner should be able to: Identify the business resources Text book Newspapers Resources person Inventor book 3 page 95 10 11 12 13 Asking and answering questions Taking notes Discussion Trend in business studies page 98- 99 ROUND TWO EXAMS ROUND TWO EXAMS 1-3 4 Determining Net worth of a business 1 Determining Net worth of a business 2 Determining Net worth of a business 3 Business Transaction 4 Business Transaction 1 Business Transaction Balance sheet Meaning Trading period Format of a balance sheet Importance of a balanced sheet By the end of the lesson, the learner should be able to: Prepare a balance sheet Taking notes Discussion Practical’s By the end of the lesson, the Questions and answers learner should be able to: Give Taking notes the importance of a balance sheet By the end of the lesson, the Discussion Relationship learner should be able to: Give Taking notes equation and balance sheet Relationship equation and balance sheet Cash transaction By the end of the lesson, the Question and answers and Credit learner should be able to: Discussion Transaction Identify and explain this types of transaction Exercise on By the end of the lesson, the Question and answers business learner should be able to: To Discussion transactions do the questions given by the teacher Effects of By the end of the lesson, the Question and answers transactions on the learner should be able to: Discussion balance sheet explain the effects of Changes in capital Transactions on the balance Drwaings,profits,l sheets oses and investments 16 Text book Past KCSE papers Inventor book 3 page 97 Trend in business page 99-101 Text books Revision questions Trend business studies Inventor book 3 page 99 Text books White board Inventor book 3 page 99 Trend business page 106 107 Text book Newspapers Inventor book 3 page 102 Trend business book 3 pge 107-114 Text book Past papers Inventor book 3 page 104106 Text book Past papers Inventor book 3 page 108111 Trend business studies book 3 page 119-124 14 2 The ledger Introduction Meaning of ledger 3 The ledger Rules for recording transactions on ledger account 4 The ledger 1 The ledger The concept of double entry in recording business transaction Recording of stock in the ledger accounts Purchases of goods and sales of stock 2 The ledger Purchases returns and sales returns 3 The ledger Recording expenses in the ledger accounts Recording revenue and drawings 4 The ledger Balancing of ledger accounts Trial balance By the end of the lesson, the learner should be able to: Define ledger By the end of the lesson, the learner should be able to identify the rules for recording transactions on ledger account By the end of the lesson, the learner should be able to explain The concept of double entry By the end of the lesson, the learner should be able to explain how stock is recorded in the ledger accounts Taking notes Questions and Answers Text book Discussion Resource person Textbook Journals Question and Answers Group discussion Revision questions Text book Notes taking Question and Answers KCSE past papers Textbook By the end of the lesson, the learner should be able to explain how Purchases returns and sales returns are recorded in the ledger By the end of the lesson, the learner should be able to Recording expenses in the ledger accounts Recording revenue and drawings By the end of the lesson, the learner should be able to balance ledger accounts and extract a trial balance Resource person Discussions Text book White board Revisions question Inventor book 3 page 129130 Notes taking Question and answers Text book Revision questions Inventor book 3 page 130131 Trend business studies book 3 page 135-136 Asking and Answering question Discussion Text books KCSE past papers Inventor book 3 page 133-138 Trend book 3 page 149 CLOSSING OF SCHOOLS 17 Inventor book 3 page 117 Trend in business studies page 130-131 Inventor book 3 page 118 Trend in business studies book 3 page 136-140 Inventor book 3 page 120125 Trend in business studies page 132 Inventor book 3 page 126127 BUSINESS STUDIES SCHEMES OF WORK FORM THREE 2024 TERM III REFERENCES: 1. Longman Explore Book 2. Inventor KLB Book 3. Certificate Business Studies Book 4. KLB Top Mark Series Business Studies 18 W K 1 LS N 2 1 & 2 1 & 2 3 & 4 4 SUB-TOPIC OBJECTIVES L/ACTIVITIES L/T AIDS REFERENCE REPORTING AND REVISION OF LAST TERM’S EXAMS 3 & 4 3 TOPIC 1 The Cash Book The Cash Book The Cash Book The Cash Book Introduction Types of cash book -single column cash book Purpose of cash book By the end of the lesson, the learner should be able to; Explain the meaning and purpose of a cash-book Record transaction in singlecolumn cash-book Asking and answering questions Taking notes Observing sample of cash book Text book Cash book The two column cash-book By the end of the lesson, the learner should be able to: Record transactions in the two column cash-book Taking notes Answering and asking questions Observing sample of cashbook Text book Cash book KLB inventor secondary business studies students book Form3 150-152 Asking and answering Cash-book questions Text book Taking notes Observing sample cash-book Contra Entry Emerging issues Asking and answering questions Discussions Taking notes Observing sample of cashbook Observing the different source documents Discussions Taking notes Asking and answering questions Listening to resource persons Source document Source Documents Invoice And Books Of Credit note Original Entry Debit note Receipt Payment voucher Cash sales slip Petty cash voucher Statement of By the end of the lesson, the learner should be able to: Define source document Describe the source documents used in business transaction Longman Explore Business studies students book 3copy Pg 139-140 KLB inventor secondary business studies students book Form3 153-154 Three column cash By the end of the lesson, the book learner should be able to: Record transactions in the three column cash-book Explain the purpose of three column cash book By the end of the lesson, the learner should be able to: Explain the term contra-entry Explain the emerging issues Longman Explore Business studies students book 3copy Pg 138-139 Longman Explore Business studies students book 3copy Pg 140 KLB inventor secondary business studies students book Form3 161 19 Cash – book Text book Copy of invoice Receipt Statement of accounts Resource person Text book Longman Explore Business studies students book 3copy Pg 141-145 Secondary business studies inventor book 4 pg 1-7 Longman Explore Business studies Book 4 pg 1-3 REMARKS account Advice note 5 2 Source Documents Books of original And Books Of entry Original Entry Sales journal Sales returns 3 Source Documents Purchase Journal And Books Of Purchase returns Original Entry journals 4 Source Documents Cash Receipt And Books Of journal Original Entry Cash payment journal 1 Source Documents Cash books And Books Of Single Original Entry Two-three Petty analysis 2 3 General Source Documents Journal(journal And Books Of proper Original Entry Purchase of a fixed asset & sales of fixed assets on credit Opening entries & closing entries Source Documents Importance of And Books Of journals & Original Entry Emerging issues Taking revision By the end of the lesson the learner should be able to: Define the books of original entry Prepare the sales journal and sales returns journal Post the information in the ledgers account and general ledger By the end of the lesson, the learner should be able to: Prepare purchases journal and purchases returns journal Post the information on the ledger accounts and general ledger By the end of the lesson, the learner should be able to: Prepare cash payment & receipt journal Post the information to the general ledger Taking examples on preparing the journal Preparing the journal Taking notes Asking and answering questions Text book Secondary business studies inventor book 4 pg 8-13 Longman Explore Business studies Book 4 pg 4-7 Taking examples on how to prepare the journal Taking notes Asking and answering questions Text book Inventor 4 secondary business studies pg 14-18 student book Longman Explore Business studies Book 4 pg 8-10 Text book Inventor 4 KLB secondary business studies pg 19-24 student book Longman Explore Business studies Book 4 pg 11-16 By the end of the lesson the learner should be able to: Prepare petty cash book Posting information to ledger accounts Taking examples to prepare Text book petty cash book and analysis cash book Asking and answering questions Taking notes Preparing the cash books Inventor 4 KLB secondary business studies pg 25-35 student book Longman Explore Business studies Book 4 pg 16 By the end of the lesson, the learner should be able to: Define general journal Give the format of general ledger Post information to the General journal Preparing the General Journal Taking examples Taking notes Asking and answering questions Text book Inventor 4 KLB secondary business studies pg 36-41 student book 4 Longman Explore Business studies Book 4 pg 17-19 Taking notes Answering questions Selected from the text Discussions Text book Full scap Inventor 4 KLB secondary business studies pg 41,44-51 student book 4 Longman Explore Business By the end of the lesson, the learner should be able to: -state the importance of journals Give emerging issues in source document & book of original Taking examples on how to prepare the journal Taking notes Asking and answering questions Preparing the journals 20 questions 6 7 entry Tackle Answer questions on the review questions By the end of the lesson, the Introduction to learner should be able to: Financial Define financial statements statements Identify the various financial Trading Account statements Format importance Explain concept of trading trading period and account Importance of Describe the format of financial statement preparing trading accounts State importance of trading account By the end of the lesson the Net profit or loss learner should be able to: Profit or loss A/c Describe profit & loss Importance Explain how its obtained Describe the format of preparing profit and loss account State the importance of profit and loss A/c 4 & 1 Financial Statements 2 Financial Statements 3 Financial Statements Balance sheet Importance Formats 4 Financial Statements Types of capital Working capital Borrowed capital Capital owned 1 Financial Statements Basic financial Rations Definition Importance Types Margins Mark-ups studies Book 4 pg 17-19 Observing different financial Newspaper statements from news Magazines papers/magazines Text book Asking and answering questions Taking notes Inventor 4 KLB secondary business studies pg 54-60 student book 4 Longman Explore Business studies Book 4 pg 29-34 Dynamics if Business studies form 4 pg 2,16 Asking and answering questions Taking notes Taking examples Text book Inventor 4 KLB secondary business studies pg 54-60 student book 4 Longman Explore Business studies Book 4 pg 34-38 Dynamics if Business studies form 4 pg 32-40 By the end of the lesson the learner should be able to: Define the term balance sheet Describe the formats of preparing balance sheet State importance of balance sheet Asking and answering questions Taking notes Analyzing information on magazines and newspapers Text book Newspaper Magazines Inventor 4 KLB secondary business studies pg 67-68 student book 4 Longman Explore Business studies Book 4 pg 39-42 Dynamics if Business studies form 4 pg 41-46 By the end of the lesson, the learner should be able to: Define the term capital Explain and calculate the different working capital Taking notes Taking and answering questions Text book By the end of the lesson the learner should be able to: Define financial ratios, margins and mark-ups Calculate margins mark-up and current ratio Copying examples Discussions Asking and answering questions Text book 21 Inventor 4 KLB secondary business studies pg 68-69 student book 4 Longman Explore Business studies Book 4 pg 43-45 Dynamics if Business studies form 4 pg 72-73 Inventor 4 KLB secondary business studies pg 70-75 student book 4 Longman Explore Business studies Book 4 pg 46-49 811 2 Financial Statements 3 Financial Statements Working capital State the importance of each Ratio (current ratio Describe relationship between importance mark-up & margin By the end of the lesson, the Date of stock turn- learner should be able to: Taking notes over Define the financial ratios Doing examples Return on capital Calculate the ratios Summarizing the formulae Acid test State the importance of rate of on charts Quick ratio stock turn-over Asking questions Return on capital & acid test By the end of the lesson, the Emerging issues learner should be able to: Asking and answering Revision Questions Explain the emerging trends in questions financial statement Discussions Answer set questions on the top Taking notes covered REVISION AND EXAMS 22 Dynamics if Business studies form 4 pg 75-78 Text book Charts Inventor 4 KLB secondary business studies pg 79-81 student book 4 Longman Explore Business studies Book 4 pg 49-50 Dynamics if Business studies form 4 pg 78-82 Longman Explore Business studies Book 4 pg 51
