Accounting · Year 2 · Week 5

Causes of the differences between cashbook and bank reconciliation statement balances

Strand

Financial Accounting

Sub-strand

Financial Data Analysis

Content standard

Demonstrate knowledge and understanding on the preparation of Receivables and Payables Control accounts

Learning outcome

Prepare adjusted cashbook and Using mixed-ability and mixed-gender Collaboration and Critical Thinking Skills GESI: Bank Reconciliation statements. Acquisition of critical thinking and collaborative skills pairings, special attention given to the catch-up, through group discussions and brainstorming. regular, gifted and talented enables learners to: respect individuals of different backgrounds Critical Thinking, Analytical, Teamwork and be sensitive to the inter-relatedness of the Communication Skills various spheres of life, groups and individuals Development of critical thinking, analytical, teamwork and be aware of personal biases and stereotypes and communication skills through brainstorming, reflections address them and group presentations embrace gender equality, diversity and practise inclusion identify individual skills and interest and that of others’ relating to Bank Reconciliation statements. : Learners having obtained varied competencies SEL which have exposed them to understanding socio- emotional issues relating to the preparation of bank reconciliation statements, they: will show empathy to their peers who may have difficulties in calculating receivables and payables. can provide respect for others in their daily interactions and provide opportunities for others to practise the skill of calculations. 31

Learning indicator

Prepare Receivables and Payables Control Accounts Problem-based learning