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Lesson Plan
Curated OER

Complete Adjustment Column of a Worksheet

For Teachers 10th - 12th
Students take turns reading pages in their Accounting text concerning worksheets. They watch as the teacher demonstrates the concept-starting with two, buying 4 and ending with one, they see that the one remaining box must be considered...
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Lesson Plan
Curated OER

Accounting Monopoly

For Teachers 9th - 11th
Learners use Monopoly to review the accounting cycle. They create their own transactions while playing Monopoly. Students produce the financial statements that will match the transactions of the game.
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Lesson Plan
Curated OER

Ratio Analysis

For Teachers 11th - Higher Ed
Students define ratios and how they apply in a business context. They practice ratios through an activity that involves financial data.
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Lesson Plan
Curated OER

Preparing an Income Statement

For Teachers 10th
Tenth graders discuss the contents of income statements.  In this accounting lesson, 10th graders are introduced to the parts of an income statement.  Students practice filling out the four parts of an income statement, and discuss the...
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Lesson Plan
Curated OER

Preparing a Balance Sheet

For Teachers 9th - 11th
Students prepare a balance sheet. In this balance sheet lesson, students learn the parts of a balance sheet and how they are represented. Students use a formula to calculate equity.
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Worksheet
Curated OER

Debt

For Students 9th - 12th
In this economics learning exercise, high schoolers find the terms that are related to the concept of debt and the answers are found by clicking the button at the bottom of the page.
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Worksheet
Curated OER

Cash Flow Worksheet

For Students 10th - 12th
In this accounting worksheet, students answer the questions with filling in the correct words from the word bank based around the subject of cash flow for the 13 questions.
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Lesson Plan
Curated OER

Cash Control Systems

For Teachers 9th - 12th
Students are introduced to cash control systems including checking accounts, endorsing and writing checks. In groups, they define a bank statement and practice how to read them. To end the lesson, they discover how to create a petty...
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Lesson Plan
Curated OER

Accounting -- Journalizing Sales and Cash Payments

For Teachers 9th - 12th
Students brainstorm a list of what they believe a customer is. In groups, they practice journaling sales to a customer who pays with cash or with credit. To end the instructional activity, they discover the proper way to prove cash...
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Lesson Plan
Curated OER

Accounting -- Journalizing Transactions

For Teachers 9th - 12th
Students are introduced to a five column way to record transactions. In groups, they discuss the importance of source documents when recording the transactions and balancing the account at the end of the month. To end the instructional...
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Lesson Plan
Curated OER

Accounting -- Starting A Proprietorship

For Teachers 9th - 12th
High schoolers are introduced to the proper way to begin a proprietorship. In groups, they examine the accounting equation and solve problems associated with it. To end the lesson, they are introduced to the various types of payments...
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Lesson Plan
Curated OER

Accounting Equation -- Jeopardy

For Teachers 9th - 12th
Students are introduced to the various types of accounting equations. In groups, they participate in a Jeopardy like game in which they review the various types. To end the instructional activity, they make their own game to use in a...
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Lesson Plan
Curated OER

Accounting - Analyzing Transactions to Debit/Credit Parts

For Teachers 9th - 12th
High schoolers are introduced to how transactions are analyzed with debits and credits. In groups, they complete a T-chart in which the account increases with credits and decreases with debits. To end the lesson plan, they analyze the...
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Lesson Plan
Curated OER

Accounting -- Annual Report Website

For Teachers 9th - 12th
High schoolers comprehend the accounting cycle. They create a website for a company used in playing the Accounting Monopoly game. If possible, the students publish the finished annual report on the Internet.
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Lesson Plan
Curated OER

Accounting -- Financial Statements for a Partnership

For Teachers Higher Ed
Students engage in an introduction of financial statements for a partnership set up as a merchandising business. They review the need of financial statements and how to effectively read/use financial statements.
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Lesson Plan
Curated OER

Accounting -- Journalizing Purchases and Cash Payments

For Teachers 9th - 12th
Learners comprehend what a partnership is, how a merchandising business is set up, what a vendor is, how to use invoices, as well as journaling purchases for cash and on account. They get an introduction, review games, and are quizzed on...
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Lesson Plan
Curated OER

Posting To A General Ledger

For Teachers 10th - 12th
Students explore file maintenance and a chart of accounts for a proprietorship set up as a service business. They review journals and what is posted in a journal.
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Lesson Plan
Curated OER

Account-Recording Adjusting/Closing Entries

For Teachers 9th - 12th
Students explore adjusting and closing accounting entries. They complete an outline and post closing entries to their appropriate accounts. They prepare a Post Closing Trial Balance at the end of a fiscal period and complete online...
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Lesson Plan
Curated OER

Account-Recording Adjusting/Close Entries for Service Business

For Teachers 9th - 12th
Learners discover how to journal adjustments and post them into general ledger accounts. They explore what a post closing trial balance is and why it is prepared at the end of a fiscal period. They complete an outline and play online...
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Lesson Plan
Curated OER

Accounting: Work Sheet for a Service Business

For Teachers 9th - 12th
Learners explore how to complete work sheets for a service business. They enter transactions that affect the owner's equity of a proprietorship into a worksheet that reviews the business activities for the past fiscal year. They...
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Lesson Plan
Curated OER

Accounting: Changes That Affect Owner's Equity

For Teachers 9th - 12th
Students study transactions that affect the owner's equity of a proprietorship. They explore revenue, expenses and withdrawals and how they fit into the accounting equation. They complete online activities and a quiz.
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Lesson Plan
Curated OER

Account --Recording Sales/Cash Recpts w/ Spec. Journals

For Teachers 9th - 12th
Students explore sales journal, purchases journal, general journal, cash receipts journal, and Cash payments journal. They master the online vocabulary activities and then they complete the online chapter quiz.
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Lesson Plan
Curated OER

Accounting - Plant Assets and Depreciation

For Teachers 9th - 12th
Students explore current assets and plant assets by viewing a variety of web sites. They complete the online activities and quiz and calculate the depreciation expense for an entire fiscal year.
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Lesson Plan
Curated OER

Account -Recording Purchases/Cash Pmts - Spec. Journals

For Teachers 10th - 12th
Pupils review general ledgers, introduction of a corporation, and how they are set up. Students review transactions used on a general journal such as: journaling purchase returns and allowances, buying supplies on accounts, then posting...