SMARIKA workeducation | Page 114

6. Date stamp, Calculator, Ready reckoner, Type-writer, Punching machine, Stapling machine, Computer. 7. Journal proper book, Vouchers 8. Vouchers, Subsidiary books, Purchases book, Purchase returns book, Sales book, Sales returns book, Bills receivable book, Bills payable book. 9. Ledgers 10. Ledger book with recorded accounts. 11. Outline charts of trial balance and trading and profit and loss account. Qualification of the Teacher : Teacher with a Master’s / Bachelor’s degree in Commerce from a recognized university is most eligible for taking the subject. Product Outcome : A student can maintain his home/office budget in a rational manner. One can understand the functioning of various financial institutions like banks, post office, etc. and thus operate comfortably. Record Work : A proper Book keeping file should be maintained in which the revenue and expenditure related matters should be maintained either weekly or monthly. The student can try hands on the computer with the help of Tally accounting package. A report of some company can be made which could include the trial balance, profit and loss statement, balance sheet and various other documents. The same can be handed over to the company for a price. Evaluation : The report should be evaluated there and then. Grades may be allotted to the students based on their report. Grades may be on a 9 point scale rating as A1, A2, B1, B2, C1, C2, D1, D2, W (as per prescribed CBSE grading system). The file may be evaluated side by side. Evaluation has to be continuous, rational, objective-based comprehensive and dynamic. Final evaluation should be based on both final report and file assessment. Cumulative records should be maintained meticulously for all the students. 106