Session 15 - Preparation of BP account and Total Creditors Account

Practice/Practical/Practicum Session Plan : Preparation of BP account and Total Creditors Account

1️⃣ 0–10 min: Introduce meaning & importance of BP A/c and Total Creditors A/c in Single Entry (Conversion Method).
2️⃣ 10–20 min: Teach format, rules, and preparation of Bills Payable Account with examples (issue, payment, dishonour).
3️⃣ 20–35 min: Explain purpose, format, and preparation of Total Creditors Account, including the formula for credit purchases.
4️⃣ 35–42 min: Solve a combined numerical example using BP A/c + Creditors A/c.
5️⃣ 42–45 min: Recap and ask 5 important exam questions.

Instruction for Practice/Practical/Practicum : (PDF, PPT)

BP_and_Total_Creditors_Account.pptx

Practice Material (IV Quadrant Approach)

(Q1) : Practice Questions/Problems (PDF Formats)

preparation of BR, TDA, BP and TCA.pdf

(Q2) : Video Based Content (Youtube)

(Q3) : Formative Assessment (Google Form/Any Other Online Quiz Platform)

(Q4) : Further Reading

Recommended Books & Texts

Accounting for Business (3rd ed) — A textbook focused on how accounting supports business decision-making and is suitable for non-specialist managers and business students. Goodreads
Accounting for Business Studies by Aneirin Owen — Integrates accounting with business & management studies, emphasising the commercial context. Routledge
Business Accounting (v.2.0) (free online text) — Covers many fundamental accounting topics; good for self-study. 2012 Books
Accounting, The Language of Business by JoAnn Wood — Openly-licensed, explains accounting as a communication tool in business. Boise State Pressbooks

Useful Online Resources

Open Textbook Library: “Accounting Principles: A Business Perspective” and others — free downloadable textbooks covering core accounting topics. Open Educational Resources
Guides listing recommended books for accounting and business: e.g., “Business Recommended Reading by Subject: Accounting”. BYU Library Guides+1
Articles on accounting fundamentals: e.g., “What Is Accounting? | Introduction to Business” explains accounting as the language of business.

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