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Income Statement
Students demonstrate the proper way to prepare an income statement. They calculate a company's Gross Profit, Operating Expenses, Income from Operation before tax and Net Income, then determine the company's net income or net loss during...
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Preparing an Income Statement
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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Accounting Monopoly
Young scholars 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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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.
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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...
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Accounting -- Annual Report Website
Students 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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Financial Statements For A Proprietorship
Students are introduced to how to successfully set up a propietorship. Individually, they complete a pre- and post-quiz to determine how much they know about the material. To end the lesson, they practice reading a financial statement...
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Economic Activity and Markets
Students identify and interpret that economic activity involves making choices in the face of scarcity, therefore making choices involves a cost. They also identify that individuals interact in markets by inducing one another, through...
Visa
Nothing But Net: Understanding Your Take Home Pay
Introduce your young adults to the important understanding that the money they receive from their paychecks is a net amount as a result of deductions from taxes. Other topics covered include federal, state, Medicare and social security...
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Jesse's Ice Cream Stand
Young scholars discover ways to earn money through business. They explain how to calculate profit using an income statement and evaluate the best price to scoop size combination for profit. They discuss business opportunities for teens.
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Small Busines Schemes
Students investigate a small business and its profitability. In pairs, as they research a business adventure, students consider the capital outlay, maintenance, office space, prices, insurance, and profit and loss statements. Students...
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ESL: Business Expressions
In this ESL business expressions instructional activity, students choose the phrase that best fills in a blank in a sentence. Phrases are business idioms and statements.
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How Do You Analyze a Corporation?
Students analyze corporation whose stock they may consider buying for the Global Stock Game (GSG).
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How Do You Analyze a Corporation?
Learners find out how to use annual reports to analyze a corporation whose stock they may buy for the Global Stock Game. They read the investor information section, which provides detailed information about the company's products and...