Principles of Double Entry

Contents & notes: what this topic covers

Under Principles of Double Entry, the JAMB Principles of Accounts syllabus expects you to study:

• 2. Principles of Double Entry a. Source documents b. Books of original entry c. Accounting equation d. Ledger and its classifications e. Trial balance f. Types and correction of errors g. Suspense Account TOPICS/CONTENTS

Study notes & guidance

Study Principles of Double Entry using a recommended Principles of Accounts textbook that follows the JAMB syllabus. Work through the contents listed above one by one, make brief notes in your own words, and then practise as many questions on this topic as you can — in Principles of Accounts, understanding and steady practice matter far more than memorising. Use the objectives below as a checklist: if you can do each one confidently, you have mastered this topic.

Objectives — candidates should be able to

After studying Principles of Double Entry, you should be able to:

1. Identify various source documents and their uses;
2. Relate source documents to the various books of original entry;
3. Determine the effect of changes in elements of Accounting equation;
4. Understand the role of double entry principles in treating financial transactions;
5. Extract a trial balance from ledger accounts;
6. Identify various types of errors and their corrections; and
7. Correct errors using suspense account. OBJECTIVES

These objectives are from the official JAMB syllabus. Use them as a checklist — if you can do each one confidently, you have mastered this topic.

Source: official JAMB UTME Principles of Accounts syllabus (IBASS, jamb.gov.ng). Reproduced for study use. Last checked: 17 Sept 2026. Always confirm the current syllabus on the official portal.