Council for Economic Education
Understanding a Balance Sheet
Read any financial website or book, and it is bound to discuss the words asset and liability. But what do these words actually mean to the class? The resource effectively explains by using multiple formats and techniques, including...
Curated OER
Preparing a Balance Sheet
Young scholars prepare a balance sheet. In this balance sheet lesson, students learn the parts of a balance sheet and how they are represented. Young scholars use a formula to calculate equity.
Council for Economic Education
Balance of Payments (BOP)
Have you ever checked your clothes to see how many nations created them? Pupils take a deeper look at international trade and the balance of payments nations have with one another. They use calculations, simulations, and primary sources...
Curated OER
Finance and Accounts 1: Basic Principles
Students distinguish between the terms 'cost' and 'revenue' and examine the concept of 'profit'. They analyze the difference between a profit and loss account and a balance sheet.
Curated OER
Accounting
Students explore the principals of accounting and operating a business. In this business or financial math class, students investigate business documents, day books, bookkeeping, balance sheets, etc. in this self-paced comprehensive unit.
Curated OER
Accounting: Work Sheet for a Service Business
Students 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...
Curated OER
Accounting Monopoly
Students 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.
Odyssey of the Mind
Odyssey of the Mind Curriculum Activity: Balance the Books
There is a difference between profit and revenue, and it's up to your class to find out why. They each research the public accounting documents for their favorite company or brand. Then they use their findings to discuss the differences...
Curated OER
Balance Adding Integers
In this positive and negative numbers worksheet, students complete a balance sheet by writing positive and negative numbers in the space to match transactions. They find the balance of the account. This one-page worksheet contains...
National Research Center for Career and Technical Education
Depreciation (Double Declining)
Have you ever been told that your new car begins to lose its value as soon as you drive it off the lot? Aspiring accountants take on the concepts of depreciation and book value through an easy-to-deliver career and technology...
iCivics
County Government: High School
Balancing a budget—the bane of many people's existence! Yet, its' something that must be done, especially in government systems. The resource, fourth in a seven-part series exploring local government, focuses on various exercises that...
Curated OER
Accounting -- Annual Report Website
Young scholars 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.
Curated OER
Accounting: Work Sheet for a Merchandising Business
Students create a worksheet for a partnership set up as a merchandising business. They identify the beginning of the fiscal periods trial balance amounts, plan and record adjustments to supplies, and merchandise inventory. They...
NASA
Rocket Wind Tunnel
Using a teacher-built wind tunnel constructed from a paper concrete tube form, a fan, and a balance, individuals determine the amount of drag their rocket design will experience in flight. Pupils make modifications to increase the...
Curated OER
Accounting -- Financial Statements for a Partnership
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.
Curated OER
Checks and Balances
Students examine how bank checks work and follow the "journey" of a written check. They discuss how transactional accounts work, identify and discuss the various parts of a check, and participate in a simulated business transaction...
Finance in the Classroom
Unit on Checking
As part of a four-lesson unit on personal finances, class members practice using a checkbook. Exercises include writing checks, filling out deposit and withdrawal slips, and keeping a check register.
Curated OER
Balancing a Budget
Students calculate living expenses for a non-traditional career choice. They examine interest, balancing a checkbook, and financing cars and homes.
Curated OER
Add and Subtract Integers Worksheet
For this adding and subtracting integers worksheet, students review integer rules by completing 19 drill and practice questions. They work in pairs to compute the total left in a fictitious bank account after several withdrawals and...
Curated OER
Toothpick Bridges
Young scholars study the techniques of building a bridge. They explore different type of bridges and then plan and build a bridge to specified instructions. Students draw plans, keep a budget, and prepare balance sheets during their...
Curated OER
Internet Banking and Shopping
In this economics worksheet, students complete an internet banking and shopping activity. For example, students check their final balance of a given balance sheet and set up a monthly Council Tax payment.
Curated OER
Organizing A Corporation And Paying A Dividend
Students engage in a lesson that is concerned with the establishment of a corporation. They apply accounting principles to different situations in order to make payments on a dividend. Students also investigate the basic accounting cycle.
Curated OER
Economics Budget Project
Your class members will have the opportunity to practice the valuable skill of constructing a personal budget using real-world resources, such as a car advertisement and grocery list. They will take into consideration monthly and yearly...
Curated OER
Oxidation Reduction
In this chemistry worksheet, students examine oxidation reduction in order to apply it in the laboratory setting. The sheet includes in depth background information.