Young scholars 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...

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...

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.

High schoolers 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.

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...

Students 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 Straight-Line...

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 instructional activity, they discover how to...

High schoolers 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...

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...

Students 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, they analyze the various...

Learners identify and explain three forms of business ownership: Sole Proprietorship, Partnership and Corporation. They review what a proprietorship is, the advantages and disadvantages of a proprietorship, how to form and dissolve a...

Third graders improve their fractions skills by playing a game using dice and pattern blocks. Additional resources include several books dealing with fractions, such as "Eating Fractions" and "Gator Pie." Another activity for students...

High schoolers review what a proprietorship is and the advantages and disadvantages of it. In groups, they examine the ways to form and dissolve a proprietorship. To end the lesson, they review what a corporation is, its advantages and...

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.