Minding Your Own Business
| State | WV |    |
| Status | Ready for Users | |
| Stage | Public | |
| Subject | English/Language Arts Mathematics Vocational/Technical | |
| Author | Rod Whitt, Linda Rockel, Vickie Linville | |
| Description | In this unit, students will create their own businesses, keep a general journal and a running ledger, as well as prepare a balance sheet and income statement. | |
| The 21st Century Tools | Computers
Printers Internet Calculators | |
| Grade Level | 10 | |
| National Standards | Language Arts:
7. Uses reading skills and strategies to understand and interpret a variety of informational texts. 9. Uses viewing skills and strategies to understand and interpret visual media. 5. Uses the general skills and strategies of the reading process. NL--ENG.K-12.4 Communication Skills Mathematics: 2. Understands and applies bsasic and advanced properties of the concepts of numbers. 6. Understands and applies basic and advanced concepts of statistics and data analysis. 9. Understands the general nature and uses of mathematics. Technology: 2. Knows the characteristics and uses of computer software programs. 4. Understands the nature of technological design. NBEA Accounting, III--Financial Statements; NM-NUM.9-12.2 Understanding Operations | |
| Career Clusters | Business and Marketing Engineering and Technical | |
| Keywords | Journal
Ledger Balance Sheet Income Statement Worksheet Business Accounting Posting Marketing Component Percentage | |
| Lesson Plan URLs (new Window) | Overview: Minding Your Own Business
Lesson 1: Taking Care of Business Lesson 2: There's No Accountin' for Good Journals Lesson 3: There's No Accountin' with Ledgers Lesson 4: Preparing a Balance Sheet Lesson 5: Preparing an Income Statement | |
| English IGO or CSO | 10.8, 10.24, 10.27, 10.30, 10.31, 10.34, 10.35, 10.39, 10.40, 10.44, 10.51, | |
| Math IGO or CSO | A1.5, A2.19, AM1.1, AM1.19, AM2.9, AM2.12, CM.3, CM.6, Applied Math 1.1, 1.16 | |
| Vo Tech IGO or CSO | BRK1, BRK2, BRK4, PA6, PA11, PA12, PA19, PA20, PA33, A1.20, A2.20, AM2.20, CM.18, MAN1, 2, 28, 31; Comp.Tech.: 10.84, 10.86, 10.87, 10.88, 10.89 | |