TOPIC: SUSPENSE ACCOUNTS WEEK(S): OBJECTIVE: To enable students to understand the limitations of trial balance and errors Differentiated which are revealed and not revealed by the trial balance. The use of suspense accounts Expected Learning Outcomes and correction of errors and effects on net profit and balance sheet. The students will be able to do the following: Revision General Literacy & Comprehension, writing, oral language strategies Assessment Numeracy Language, estimation, problem solving strategies Understand the need for suspense Book page Revision resources accounts so that final accounts can be Workbook page Exam outcome verbs proceeded with and able to Worksheet Class tests differentiate between errors PDST Accounting Studystack Be able to correct all errors through the journal and post to the ledger Hand out Video Q & A using Bloom’s prompts Be able to open suspense account, Questions enter opening balance (if given) and Think-pair-share Studyclix HL Suspense make appropriate entries to correct Turn to your neighbour summaries errors, thereby closing the suspense Read and explain pairs Studyclix OL Suspense account Understand which errors affect the net Anticipation guide profit and which affect the balance Student generated keyword posters created sheet using Google image search Be able to calculate correct net profit, taking errors into account Be able to prepare a statement of corrected net profit and a corrected
TOPIC: SUSPENSE ACCOUNTS WEEK(S): Differentiated Expected Learning Outcomes The students will be able to do the following: OBJECTIVE: To enable students to understand the limitations of trial balance and errors which are revealed and not revealed by the trial balance. The use of suspense accounts and correction of errors and effects on net profit and balance sheet. General Literacy Comprehension, writing, oral language strategies Numeracy Language, estimation, problem solving strategies Revision & Assessment Understand the need for suspense accounts so that final accounts can be proceeded with and able to differentiate between errors Be able to correct all errors through the journal and post to the ledger Be able to open suspense account, enter opening balance (if given) and make appropriate entries to correct errors, thereby closing the suspense account Understand which errors affect the net profit and which affect the balance sheet Be able to calculate correct net profit, taking errors into account Be able to prepare a statement of corrected net profit and a corrected Book page Workbook page Worksheet Hand out Video Questions PDST Accounting Studystack Q & A using Bloom’s prompts Think-pair-share Turn to your neighbour summaries Read and explain pairs Anticipation guide Student generated keyword posters created using Google image search Revision resources Exam outcome verbs Class tests Studyclix HL Suspense Studyclix OL Suspense