ACCOUNTING  and FINANCE
Mrs. Jerrie Libby
Introduction
Standards
Objectives
Activities
Assessment 
Results
Resources
2.0 Accounting and Finance


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

ASSETS

Cash, cars, clothes, savings, house, land, tools, merchandise, equipment, etc.

LIABILITIES

Loans for car, house, land, equipment,credit cards, house mortgage, and other things you owe.

OWNER'S EQUITY

What is left over after total liabilities are subtracted from total assets. 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
Introduction
Students will understand basic principles and procedures of accounting and finance.  They will demonstrate competency by preparing and maintaining accounting records and interpreting financial information. 
Subject:  Computerized Accounting 
Topic:  2.1 Accounting Procedures and Financial Analysis
Grade Level:  11-12
Student Lesson name and http://berners.bcoe.butte.k12.ca.us/~glibby/students/
Standards Addressed

2.1.2.  Accounting Principles:  Apply accounting principles and concepts including an understanding of the fundamental accounting equation;  classify items as assets, liabilities and equity.  It is important to remember that using the accounting equation is basic to the mastery of accounting.

Grades 11-12
Business:  Accounting  and Finance
Accounting Procedures and Financial Analysis

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Instructional Objectives

The student will be able to identify items from a list and classify as Assets, Liabilities, or Owner's Equity (Capital). 

The student will be able to classify acccounts as Assets, Liabilities, or Owner's Equity (Capital) and demonstrate their relationship in the accounting equation. 

The student will be able to compute the amount of Owner's Equity (Capital) given totals for Assets and Liabilities. 

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Student Activities
Students will learn the accounting equation. Assets are everything you own. Liabilities are everything you owe.  Owner's Equity  Capital is the amount that the owner has for him/herself.

ASSETS = LIABILITIES + CAPITAL

Introductory Activity
Pretest for addition and subtraction skills

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Enabling Activity(ies)

Drills adding and subtracting
Lists of things owned (A) and things owed (L)
Solving equations for owner's equity value (Capital, C)

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Assessment
Student will be given a set of questions to show their understanding of assets, liabilities or capital. 
A series of equation will be given to ascertain the students' understanding of solving for the unknown value.

Insert your grading rubric for the culminating activity or a link to your rubric or test document file.

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Results
After implementing your lesson (sometime between January & March), insert a chart of your pre-test, post-test, and culminating assessment data.
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Web Resources & Supplementary Materials

Introductory Activity
List and link the web resources for this activity here. Also link supplementary materials such as PDF files and /or document files.

Enabling Activity
List and link the web resources for your learning activity(ies) here. Also link supplementary materials such as PDF files and /or document files.

Culminating Activity
List and link the web resources for your culminating activity here. Also link supplementary materials such as PDF files and /or document files.

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MARGARET:  Please note -  I will be totally redoing this site as I am not satisfied with the topic.  Not enough information on the web or sources to refer a student to review online.  In the process of doing accounting and finance, I found "some" information on computer applications... clip art, etc.
 
 
 
 
 
 
 
 
 
 
 
 
 

School Name:      GRIDLEY HIGH SCHOOL
School Location:  300 E. Spruce Street, Gridley, CA  95948
Your Name and e-mail address:   Jerrie Libby
Last Revised:       08/08/2000