Lesson Plan

• Describe the purpose and key features of a Receipts and Payments Account for a club.
• Identify which cash transactions must be recorded and which must be excluded.
• Prepare a complete Receipts and Payments Account from given data.
• Calculate the closing cash balance accurately using the formula.
• Analyse common errors and suggest strategies to avoid them.

• Projector and screen
• Whiteboard and markers
• Printed worksheet with sample data
• Calculators (one per student)
• Handout of the Receipts and Payments Account template
• Laptop for a brief accounting‑software demo (optional)

Begin with a quick question: “If a club only tracks cash, what information might it miss?” Connect this to previous lessons on cash vs accrual accounting. Explain that today’s success criteria are to correctly set up and complete a Receipts and Payments Account and to spot typical mistakes.

1. Do‑now (5’) – Students list examples of cash transactions and non‑cash (accrual) items from a previous activity.
2. Mini‑lecture (10’) – Explain the purpose, format and key features of a Receipts and Payments Account; display the template on the projector.
3. Guided practice (15’) – Walk through the ABC Drama Club example, filling the table together and calculating the closing balance.
4. Independent practice (15’) – Learners complete Practice Question 1 on their worksheet while the teacher circulates.
5. Peer check (5’) – Students exchange worksheets, verify totals and the closing balance using the formula.
6. Error analysis (5’) – Discuss the common mistakes list and how to avoid each error.

Recap the steps for preparing a Receipts and Payments Account and remind learners of the formula for the closing balance. For the exit ticket, ask each student to write one key difference between a Receipts and Payments Account and a Profit‑and‑Loss Account. Homework: complete the remaining practice questions (2 & 3) and bring a draft account for the next lesson.