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Accounting -- Journalizing Transactions
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 lesson, they...
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Accounting -- Journalizing Sales and Cash Payments
Learners 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 lesson plan, they discover the proper way to prove cash payments at the...
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Account-Recording Adjusting/Close Entries for Service Business
Students 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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Take It To the Bank
Examine how the economics of a school store relate to real world economics. Elementary students explore various websites, complete a Venn diagram, create a schedule of wages for the students, read the book "A Chair For My Mother" and...
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Accounting Jeopardy -- Journalizing
Ninth graders play the Accounting Jeopardy Game to review the journalizing process. They analyze business transactions from source documents and journal about transactions using various journal formats. They use the Jeopardy template to...
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There's No Accounting for Good Journals
Tenth graders create journals on their spending habits. For this money-management lesson plan, 10th graders create and keep journals of their personal income and expenditures. Students learn to use Excel to create a spreadsheet for their...
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Account --Recording Sales/Cash Recpts w/ Spec. Journals
High schoolers 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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Account-Recording Adjusting/Closing Entries
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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Accounting -- Cash Control Systems
Students study cash control systems, such as checking accounts, endorsing checks, and writing checks. They verify and then reconcile a bank statement. They journal about a bank service charge or dishonored check and establish a petty...
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Accounting: Uncollectible Accounts Receivable
Students study uncollectible accounts expenses. They analyze adjustments for uncollectible accounts expense and enter the adjustments on a work sheet. They post entries to a general journal and to the accounts receivable and general...
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Accounting - Plant Assets and Depreciation
High schoolers 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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Accounting -- Preparing Payroll Records
Students review preparation of payroll records and practice these skills while playing games on the computer. They follow a student outline and complete online activities and quiz.
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Accounting Monopoly Simulation
Twelfth graders make journal entries of the transactions (instead of exchanging money) during a Monopoly game on day one of the lesson. They post on day two and create worksheets/correct errors on day three.
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Posting To A General Ledger
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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Cash Control Systems
Learners 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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FINANCE AND RESPONSIBLE LENDING.
Students study the role of banks, lending and their services. In this analysis instructional activity, students learn about savings, checking accounts and lending and the importance of banks as financial intermediaries.
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Maggie's Journal Brainteasers
In this Maggie's Journal brainteasers worksheet, students solve two word problems with logic and basic arithmetic skills.
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Uncollectible Accounts Receivable
Students study uncollectible accounts expense. They analyze an adjustment for uncollectible accounts expense, enter an adjustment for uncollectible accounts expense on a Work Sheet, and post the entry to write off an uncollectible A/R.
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Show Me The Money!
Students select which bank would best meet their needs. In this lesson on personal banking, students write a summary stating which bank and bank accounts best suit their own needs.
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Graphic Accounts
Students identify the use of different types of bar graphs. They analyze graphs used in the New York Times to compare the estimated cost of the war in Iraq to other hypothetical expenditures and reflect on how graphs can help illustrate...
American Statistical Association
Confidence in Salaries in Petroleum Engineering
Just how confident can we be with statistics calculated from a sample? Learners take this into account as they look at data from a sample of petroleum engineer salaries. They analyze the effect sample size has on a margin of error and...
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Accounting-Plant Assets and Depreciation
High schoolers study current assets and plant assets. They post entries to the general ledger and explore the effects of depreciation on plant assets, how to calculate the depreciation expense for an entire fiscal year using the...
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There's No Accountin with Ledgers
Tenth graders create and maintain a ledger, write an essay for the process, and learn to keep financial accounts through the ledger. In this ledger lesson, 10th graders define an accounting ledger and create one for the money they've...
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Design a Parachute
Students engage in a discussion about what a parachute is and how it works. They create a parachute using different materials that they think will work best. The students test their designs, which will be followed by a class discussion...
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