Lesson 24: Independent Practice/Sales of Account/Cash & Credit Card Sales
Duration of Days: 4
Lesson Objective
To increase students' confidence in their accounting abilities recording sales on account
What steps did you take to record this transaction accurately?
How did you determine which accounts to debit and credit for this transaction?
If you noticed a discrepancy in your accounts, how would you go about finding and correcting it?
If you noticed a discrepancy in your accounts, how would you go about finding and correcting it?
CTE Business & Finance Technology
B. Accounting Principles: Identify and describe generally accepted accounting principles (GAAP/IFRS) and explain how the application of these principles impacts the recording of financial transactions and the preparation of financial statements.
12. Describe and record revenue-related transactions.
HS.CTE.3B - 3B. Apply concepts and processes in a multistep procedure
The SAT measures student proficiency in math reading, language, and writing. With strong scores, accounting students set themselves up for successful entry into accounting and finance programs.
Description: To build students' confidence in recording sales on account by providing hands-on practice and reinforcing key concepts.
Purpose: Purpose : To promote critical thinking and problem-solving in accounting and help identify areas where they excel or need improvement.
DOK 4:
Independent practice accounting concepts/transactions promote critical thinking and problem-solving in accounting. Helps identify areas where they excel or need improvement.
To highlight the importance of documentation and verification in maintaining accurate financial records
Errors in adding or subtracting amounts, leading to incorrect financial records is not important.
Sampling, modeling, one one instruction, Google classroom or Moodle. Paper or or online assignments, online instructional tools, videos, textbook or online textbook, excel real world application of information, Spanish version available for ELL students
application or mastery or challenge working papers
Century 21, Accounting, General Journal, 11th edition, online/paper edition.
Online working papers (Mindtap)
Microsoft Excel software
Online instructional tools