Assignment 3
1. Plan and prepare a lesson for Grade 7 learners in Economics and Management Sciences on the lesson
topic: Financial Literacy: Accounting Concepts as a topic prescribed in the CAPS document. (30)
This is an example of a lesson plan the student teacher may used different topic but must be under
financial literacy,
1. Lesson Plan for Economics and Management Sciences Grade 7
1) Localizing details.
Subject: Economics and Management Sciences Grade: 7.
Number of learners: 48.
Time: 90 minutes.
2) Learning intentions of the lesson.
Knowledge: Learners must know what credit sales are; they must be able to define debtors.
Learners must know advantages and disadvantages of credit sales.
Skills: They must be able to record credit sales. Learners must be able to analyze credit invoice.
Values: Learners must understand which invoice is issued to a customer who buys on credit and kept by
the business.
3) Curriculum content topic related to this lesson.
Financial Literacy (Credit transactions debtors)
4) Lesson theme (a curriculum sub-topic or lesson content themes).
Credit sales and debtors
The National Credit Act
Debtors allowances
Recording of credit sales and accounting cycle
5) Methods, teaching support aids and learning materials.
The lecture method will be used to explain the topic credit transactions debtors, describe the subject
content (explain difficult concepts and problem situations, generate interest, improve certain skills needed
for Economics and Management Sciences and this method will save time.
Question and answer will also be used to develop a specific theme. The teacher may use productive
and reproductive questions.
Discussion method to help learners find solution to problems, gives learners an opportunity to practice
their creative thinking skills by looking at their own ideas.
Aids and Materials
Textbook will be used to provide a permanent basis of information and are a useful source in school with
limited resources, earners don’t have to make notes when we use textbook, learners can use textbook for
revision and summative assessment purpose.
The chalkboard the method is inexpensive; it’s always available and can be used where there is no
electricity. Chalkboard holds learners attention by accompanying teaching with visual and logical step by
step progression of facts written on the chalkboard.
Extra note, activities and answer sheets on the web: www.vivlia.co.za.
6. Place of the lesson in the curriculum.
a) In the first term cash journals of a trading business and General Ledger was discussed, in this topic
we discuss credit transactions debtors,(recording and accounting cycle), this topic will be followed by
credit transactions debtors Posting debtors journal and debtors allowances journal. Is followed by
posting to the Debtors Ledger and General Journal, effects of debtors transactions on the accounting
equation (week 9-10).
b) Lesson content: Credit transaction debtors
7. Lesson preparation.
Lesson plan and notes.
Chart for demonstration of credit invoice
1|Page
1. Plan and prepare a lesson for Grade 7 learners in Economics and Management Sciences on the lesson
topic: Financial Literacy: Accounting Concepts as a topic prescribed in the CAPS document. (30)
This is an example of a lesson plan the student teacher may used different topic but must be under
financial literacy,
1. Lesson Plan for Economics and Management Sciences Grade 7
1) Localizing details.
Subject: Economics and Management Sciences Grade: 7.
Number of learners: 48.
Time: 90 minutes.
2) Learning intentions of the lesson.
Knowledge: Learners must know what credit sales are; they must be able to define debtors.
Learners must know advantages and disadvantages of credit sales.
Skills: They must be able to record credit sales. Learners must be able to analyze credit invoice.
Values: Learners must understand which invoice is issued to a customer who buys on credit and kept by
the business.
3) Curriculum content topic related to this lesson.
Financial Literacy (Credit transactions debtors)
4) Lesson theme (a curriculum sub-topic or lesson content themes).
Credit sales and debtors
The National Credit Act
Debtors allowances
Recording of credit sales and accounting cycle
5) Methods, teaching support aids and learning materials.
The lecture method will be used to explain the topic credit transactions debtors, describe the subject
content (explain difficult concepts and problem situations, generate interest, improve certain skills needed
for Economics and Management Sciences and this method will save time.
Question and answer will also be used to develop a specific theme. The teacher may use productive
and reproductive questions.
Discussion method to help learners find solution to problems, gives learners an opportunity to practice
their creative thinking skills by looking at their own ideas.
Aids and Materials
Textbook will be used to provide a permanent basis of information and are a useful source in school with
limited resources, earners don’t have to make notes when we use textbook, learners can use textbook for
revision and summative assessment purpose.
The chalkboard the method is inexpensive; it’s always available and can be used where there is no
electricity. Chalkboard holds learners attention by accompanying teaching with visual and logical step by
step progression of facts written on the chalkboard.
Extra note, activities and answer sheets on the web: www.vivlia.co.za.
6. Place of the lesson in the curriculum.
a) In the first term cash journals of a trading business and General Ledger was discussed, in this topic
we discuss credit transactions debtors,(recording and accounting cycle), this topic will be followed by
credit transactions debtors Posting debtors journal and debtors allowances journal. Is followed by
posting to the Debtors Ledger and General Journal, effects of debtors transactions on the accounting
equation (week 9-10).
b) Lesson content: Credit transaction debtors
7. Lesson preparation.
Lesson plan and notes.
Chart for demonstration of credit invoice
1|Page
