Grade Level: 10
Subject(s): Accounting
Learner Outcomes: The student will prepare a balance sheet using the information contained on a work sheet.
Duration: One 45 minute class period.
Materials: Power point presentation on parts of a balance sheet, Century 21 Accounting textbook, hand-held calculator.
Technology Tools/Courseware: Presentation devices (multi-media projector), calculator.
Teacher Notes: The teacher must be literate with power point presentations.
Procedures:
1. The teacher will begin with a review of the work sheet to reinforce
the source of information.
2. Students will watch slides to learn the parts that make up the
balance sheet.
3. Direct the students to the work sheet section containing the balance
sheet information
4. Show on the form that the heading is to be centered on the first
three lines.
5. Show that the asset section is written on the left side of the
form.
6. Show the liabilities section on the top of the right side of the
form.
7. Show the owner's equity section written below the liabilities
section.
8. Emphasize legible penmanship, ruling lines, and double ruling
columns (it's necessary).
9. Show the formula for finding owner's
equity and how to calculate it.
10. Double rule the columns after verifying the correctness of the
copying and calculations.
11. Give students a completed worksheet, balance sheet form, calculator
and assign Problem 2.
12. The students will follow the directions from the power
point presentation to identify the four parts of the balance sheet.
Following teacher instruction, the students will be able to correctly enter
the amounts and complete the balance sheet using pencil, working paper
form, and a calculator.
Modifications:
For special needs students the slides will be paused for additional time
for understanding.
Peer tutoring.
Extended time.
Give more one on one attention.
Enrichment Activities: Look at business journals to see actual balance sheets or key amounts in prepared Excel balance sheet form.
Evaluation: The handwritten copy of the student's balance sheet will be evaluated.
West Virginia Instructional Goals and Objectives: PA 2, 14; Applied Math 1.1, 1.16; English-Language Arts 10.51.
National Standards: NBEA Accounting, III-Financial Statements; NM-NUM.9-12.2 Understanding Operations; NL-ENG.K-12.4 Communication Skills.
References: Century
21 Accounting textbook
| Authors:
Lincoln County Teachers
(West Virginia) Linda Rockel, Hamlin High School Rod Whitt, Harts High School Vickie Linville, Hamlin High School |
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