IndependantPractice
TheAccountingEquation
Lesson Plan for The Basic Accounting Equation
Overview
This is a simple lesson plan to teach the basic accounting equation. In this lesson, students will see a video and have a lecture on the equation and its components. They will have a chance to practice what they have learned (homework) and will be assessed on what they learned at the end (quiz).
The Basic Accounting Equation
Quiz can be convertd to dropdown quiz in Canvas
Introduction
Students will learn the basic accounting equation and how to use the equation to analyze business transactions.
Objectives
- Students will be able to identify each part of the accounting equation.
- Students will be able to check the balance of the accounting equation after a business transaction has been analyzed and recorded.
- Students will be able to apply basic accounting terminology.
Introductory Video
Lecture
Power Point lecture will give students an overview of the accounting equation as well as some basic vocabulary. Recommend students answer questions on their own paper from beginning of lecture to use as assessment of understanding.
Accounting Equation PowerPoint Lecture Slides