Accounting I

Accounting I

  • Clusters: Finance
  • Pathways: Accounting
  • Courses: Accounting I
  • Grade range: 9, 10, 11, 12, Postsecondary
  • Release date: 12-13-2017
  • Tags: Numeric Keypad, 10-Key, , Double-Entry Accounting, Debits, Credits, Owner's Equity, Worksheet, Adjusting Entries, Closing Entries, Income Statement, Balance Sheet, Financial Statements, Statement of Owner's Equity, Payroll Taxes, Employee Payroll, Net Pay, Gross Pay, Deductions, Sales Journal, Cash Receipts Journal, Merchandising Business, Sales Receipts, Cash Receipts, Projection, Sales, Net Income, Revenue, Budgeting, Dividends, Shareholders, Corporation, Finance, Capital Accounts, End-of-Year Fiscal, Dividend Distribution, Journalize, Payroll, Chart of Accounts, Special Journal, Accrued Revenue, Accrued Expenses, Accrual Method, Banking, Checking Account, Reconcile, Bank Statement, Online Banking, Uncollectible Accounts, Accounts Receivable, Interest-bearing Note, Interest, Accounts Payable, Invoices, Sole Proprietorship, Partnership, Dissolution, Liquidation, Inventory, First In First Out, Last In Last Out, Gross Profit Method, Weighted Average Method, Accountants, Certified Public Accountant, Accounting Profession, Ethics, Ethical Behavior, Ethical Decisions, Accounting, Recommended Prerequisite: Principles of Business, Marketing, Business Financial Management, Corporate, Corporations, Incorporate, Merchandising Businesses

Description

In Accounting I, students will investigate the field of accounting, including how it is impacted by industry standards as well as economic, financial, technological, international, social, legal, and ethical factors. Students will reflect on this knowledge as they engage in the process of recording, classifying, summarizing, analyzing, and communicating accounting information. Students will formulate and interpret financial information for use in management decision making. Accounting includes such activities as bookkeeping, systems design, analysis, and interpretation of accounting information.
This binder does not contain all lesson plans for this course. This content can be used with any textbook or instructional materials. If locally adapted, make sure all TEKS are covered.

Resources

Scope and Sequence

Scope and Sequence: Accounting I
Resource ID: 19390 Grade Range: 10, 11, 12
CTE TEKS - Implemented 2017-2018, adopted in 2015 Accounting I course scope and sequence within the Finance Career Cluster® summarizes the content to be taught, and one possible order for teaching the units of instruction. A brief description of each unit and the corresponding TEKS are included. This scope and sequence may be adapted or adopted by the local education agency.

Unit 1: Professional Standards and Communication

Lesson Plan: Numeric Keypad by Touch
Resource ID: 11699 Grade Range: 10, 11, 12 Institutional Organization: UNT
Accounting firms require extensive number crunching with accuracy and speed into today’s spreadsheets and/or accounting software programs. As with typing, 10-key entry requires repetitive practice, over and over, to become proficient. This lesson will build speed and accuracy using the numeric keypad by touch.
Lesson Plan: Banking for Business
Resource ID: 11706 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson covers opening and maintaining checking accounts, reconciling bank statements and preparing journal entries resulting from banking transactions.
Lesson Plan: Why Incorporate?
Resource ID: 11724 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson, students will research information on corporations to determine the benefits of incorporating. Students will also determine the differences between merchandising and manufacturing businesses.
Lesson Plan: Plant Assets and Depreciation
Resource ID: 11729 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate the cost of inventory using different accounting methods. The lesson also introduces the concept of Plant Assets and Depreciation.
Lesson Plan: Accrued Revenue and Expenses
Resource ID: 11731 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate accrued revenues and expenses, as well as analyzing and journalizing transactions related to the accrual accounting system.
Lesson Plan: Forming and Dissolving Businesses
Resource ID: 11734 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates, how to legally form various types of business, how to analyze and journalize transactions that liquidate the assets of these types of businesses.
Lesson Plan: End of Fiscal Period Activities
Resource ID: 11739 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates the accounting procedures necessary for the end of a fiscal period for a corporation.
Lesson Plan: Careers in Accounting
Resource ID: 11741 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson, students will spend a day with an accountant and see firsthand the knowledge and skills required to be successful in this field.
Review the scope and sequence document. One or more lesson plans are currently not available.
Resource ID: CSLP01
One or more lesson plans are currently not available. Review the scope and sequence document, TEKS, and available lesson plans, to determine which additional lesson plans to locally develop. You can download the optional blank lesson plan template provided here, to locally develop a new lesson plan, consistent with the others provided in the Texas CTE Resource Center. If after developing a new lesson plan, you would like the TEA to consider adding it to the resource library for colleague teachers to also use in the future, attach the lesson plan and any supplemental instructional materials through the form here, for consideration. If published, we will attribute the materials to you.

Unit 2: Accounting and Financial Reporting: Purposes, Principles, and Responsibilities

Lesson Plan: Numeric Keypad by Touch
Resource ID: 11699 Grade Range: 10, 11, 12 Institutional Organization: UNT
Accounting firms require extensive number crunching with accuracy and speed into today’s spreadsheets and/or accounting software programs. As with typing, 10-key entry requires repetitive practice, over and over, to become proficient. This lesson will build speed and accuracy using the numeric keypad by touch.
Lesson Plan: Double-Entry Accounting
Resource ID: 11700 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson students will learn the double-entry accounting system and its importance in accounting and financial reporting.
Lesson Plan: Banking for Business
Resource ID: 11706 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson covers opening and maintaining checking accounts, reconciling bank statements and preparing journal entries resulting from banking transactions.
Lesson Plan: Why Incorporate?
Resource ID: 11724 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson, students will research information on corporations to determine the benefits of incorporating. Students will also determine the differences between merchandising and manufacturing businesses.
Lesson Plan: Plant Assets and Depreciation
Resource ID: 11729 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate the cost of inventory using different accounting methods. The lesson also introduces the concept of Plant Assets and Depreciation.
Lesson Plan: Accrued Revenue and Expenses
Resource ID: 11731 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate accrued revenues and expenses, as well as analyzing and journalizing transactions related to the accrual accounting system.
Lesson Plan: Forming and Dissolving Businesses
Resource ID: 11734 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates, how to legally form various types of business, how to analyze and journalize transactions that liquidate the assets of these types of businesses.
Lesson Plan: End of Fiscal Period Activities
Resource ID: 11739 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates the accounting procedures necessary for the end of a fiscal period for a corporation.
Lesson Plan: Careers and Ethics in Accounting
Resource ID: 11742 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson, students will experience and apply making ethical decisions in the accounting profession.
Review the scope and sequence document. One or more lesson plans are currently not available.
Resource ID: CSLP01
One or more lesson plans are currently not available. Review the scope and sequence document, TEKS, and available lesson plans, to determine which additional lesson plans to locally develop. You can download the optional blank lesson plan template provided here, to locally develop a new lesson plan, consistent with the others provided in the Texas CTE Resource Center. If after developing a new lesson plan, you would like the TEA to consider adding it to the resource library for colleague teachers to also use in the future, attach the lesson plan and any supplemental instructional materials through the form here, for consideration. If published, we will attribute the materials to you.

Unit 3: Accounting Cycles and Financial Statements

Lesson Plan: Numeric Keypad by Touch
Resource ID: 11699 Grade Range: 10, 11, 12 Institutional Organization: UNT
Accounting firms require extensive number crunching with accuracy and speed into today’s spreadsheets and/or accounting software programs. As with typing, 10-key entry requires repetitive practice, over and over, to become proficient. This lesson will build speed and accuracy using the numeric keypad by touch.
Lesson Plan: Double-Entry Accounting
Resource ID: 11700 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson students will learn the double-entry accounting system and its importance in accounting and financial reporting.
Lesson Plan: Completing a Worksheet
Resource ID: 11703 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson, students learn and demonstrates how to complete a worksheet for the end of a fiscal period.
Lesson Plan: Preparing Financial Statements
Resource ID: 11704 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to accurately prepare financial statements for a sole proprietorship.
Lesson Plan: Banking for Business
Resource ID: 11706 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson covers opening and maintaining checking accounts, reconciling bank statements and preparing journal entries resulting from banking transactions.
Lesson Plan: Preparing Payroll
Resource ID: 11711 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate the importance of payroll and how to conduct various payroll procedures accurately so that employees are paid the right amount of money, and state and federal tax deposits are made on a timely basis.
Lesson Plan: Fiscal Period Activities
Resource ID: 11720 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson, students will participate in Fiscal Period activities by setting up accounting journals and recording information from a chosen business.
Lesson Plan: Uncollectible Accounts
Resource ID: 11727 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson, students will demonstrate how to calculate uncollectible accounts expense as well as analyze and journal entries related to uncollectible accounts.
Lesson Plan: Plant Assets and Depreciation
Resource ID: 11729 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate the cost of inventory using different accounting methods. The lesson also introduces the concept of Plant Assets and Depreciation.
Lesson Plan: Accrued Revenue and Expenses
Resource ID: 11731 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate accrued revenues and expenses, as well as analyzing and journalizing transactions related to the accrual accounting system.
Lesson Plan: Forming and Dissolving Businesses
Resource ID: 11734 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates, how to legally form various types of business, how to analyze and journalize transactions that liquidate the assets of these types of businesses.
Lesson Plan: End of Fiscal Period Activities
Resource ID: 11739 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates the accounting procedures necessary for the end of a fiscal period for a corporation.

Unit 4: Cash Controls, EFTs, and Bank Statements

Lesson Plan: Numeric Keypad by Touch
Resource ID: 11699 Grade Range: 10, 11, 12 Institutional Organization: UNT
Accounting firms require extensive number crunching with accuracy and speed into today’s spreadsheets and/or accounting software programs. As with typing, 10-key entry requires repetitive practice, over and over, to become proficient. This lesson will build speed and accuracy using the numeric keypad by touch.
Lesson Plan: Banking for Business
Resource ID: 11706 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson covers opening and maintaining checking accounts, reconciling bank statements and preparing journal entries resulting from banking transactions.
Lesson Plan: Why Incorporate?
Resource ID: 11724 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson, students will research information on corporations to determine the benefits of incorporating. Students will also determine the differences between merchandising and manufacturing businesses.
Lesson Plan: Plant Assets and Depreciation
Resource ID: 11729 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate the cost of inventory using different accounting methods. The lesson also introduces the concept of Plant Assets and Depreciation.
Lesson Plan: Accrued Revenue and Expenses
Resource ID: 11731 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate accrued revenues and expenses, as well as analyzing and journalizing transactions related to the accrual accounting system.
Lesson Plan: Forming and Dissolving Businesses
Resource ID: 11734 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates, how to legally form various types of business, how to analyze and journalize transactions that liquidate the assets of these types of businesses.
Lesson Plan: End of Fiscal Period Activities
Resource ID: 11739 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates the accounting procedures necessary for the end of a fiscal period for a corporation.
Review the scope and sequence document. One or more lesson plans are currently not available.
Resource ID: CSLP01
One or more lesson plans are currently not available. Review the scope and sequence document, TEKS, and available lesson plans, to determine which additional lesson plans to locally develop. You can download the optional blank lesson plan template provided here, to locally develop a new lesson plan, consistent with the others provided in the Texas CTE Resource Center. If after developing a new lesson plan, you would like the TEA to consider adding it to the resource library for colleague teachers to also use in the future, attach the lesson plan and any supplemental instructional materials through the form here, for consideration. If published, we will attribute the materials to you.

Unit 5: Accounts Payable

Lesson Plan: Notes and Interest
Resource ID: 11730 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate interest and discounts on interest-bearing notes, non-interest bearing notes, and discounted notes, as well as journalizing notes transactions.
Lesson Plan: End of Fiscal Period Activities
Resource ID: 11739 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates the accounting procedures necessary for the end of a fiscal period for a corporation.
Lesson Plan: Fiscal Period Activities
Resource ID: 11720 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson, students will participate in Fiscal Period activities by setting up accounting journals and recording information from a chosen business.
Review the scope and sequence document. One or more lesson plans are currently not available.
Resource ID: CSLP01
One or more lesson plans are currently not available. Review the scope and sequence document, TEKS, and available lesson plans, to determine which additional lesson plans to locally develop. You can download the optional blank lesson plan template provided here, to locally develop a new lesson plan, consistent with the others provided in the Texas CTE Resource Center. If after developing a new lesson plan, you would like the TEA to consider adding it to the resource library for colleague teachers to also use in the future, attach the lesson plan and any supplemental instructional materials through the form here, for consideration. If published, we will attribute the materials to you.

Unit 6: Accounts Receivable

Lesson Plan: Numeric Keypad by Touch
Resource ID: 11699 Grade Range: 10, 11, 12 Institutional Organization: UNT
Accounting firms require extensive number crunching with accuracy and speed into today’s spreadsheets and/or accounting software programs. As with typing, 10-key entry requires repetitive practice, over and over, to become proficient. This lesson will build speed and accuracy using the numeric keypad by touch.
Lesson Plan: Banking for Business
Resource ID: 11706 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson covers opening and maintaining checking accounts, reconciling bank statements and preparing journal entries resulting from banking transactions.
Lesson Plan: Using Sales and Cash Receipts Journals
Resource ID: 11716 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson introduces sales and cash receipt transactions. It covers the terminology related to sales and cash receipts, and analyzing and journaling transactions using manual and computerized methods.
Lesson Plan: Uncollectible Accounts
Resource ID: 11727 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson, students will demonstrate how to calculate uncollectible accounts expense as well as analyze and journal entries related to uncollectible accounts.
Lesson Plan: Plant Assets and Depreciation
Resource ID: 11729 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate the cost of inventory using different accounting methods. The lesson also introduces the concept of Plant Assets and Depreciation.
Lesson Plan: Notes and Interest
Resource ID: 11730 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate interest and discounts on interest-bearing notes, non-interest bearing notes, and discounted notes, as well as journalizing notes transactions.
Lesson Plan: Accrued Revenue and Expenses
Resource ID: 11731 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate accrued revenues and expenses, as well as analyzing and journalizing transactions related to the accrual accounting system.
Lesson Plan: Forming and Dissolving Businesses
Resource ID: 11734 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates, how to legally form various types of business, how to analyze and journalize transactions that liquidate the assets of these types of businesses.
Lesson Plan: End of Fiscal Period Activities
Resource ID: 11739 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates the accounting procedures necessary for the end of a fiscal period for a corporation.
Review the scope and sequence document. One or more lesson plans are currently not available.
Resource ID: CSLP01
One or more lesson plans are currently not available. Review the scope and sequence document, TEKS, and available lesson plans, to determine which additional lesson plans to locally develop. You can download the optional blank lesson plan template provided here, to locally develop a new lesson plan, consistent with the others provided in the Texas CTE Resource Center. If after developing a new lesson plan, you would like the TEA to consider adding it to the resource library for colleague teachers to also use in the future, attach the lesson plan and any supplemental instructional materials through the form here, for consideration. If published, we will attribute the materials to you.

Unit 7: Inventory Calculations

Lesson Plan: Numeric Keypad by Touch
Resource ID: 11699 Grade Range: 10, 11, 12 Institutional Organization: UNT
Accounting firms require extensive number crunching with accuracy and speed into today’s spreadsheets and/or accounting software programs. As with typing, 10-key entry requires repetitive practice, over and over, to become proficient. This lesson will build speed and accuracy using the numeric keypad by touch.
Lesson Plan: Banking for Business
Resource ID: 11706 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson covers opening and maintaining checking accounts, reconciling bank statements and preparing journal entries resulting from banking transactions.
Lesson Plan: Plant Assets and Depreciation
Resource ID: 11729 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate the cost of inventory using different accounting methods. The lesson also introduces the concept of Plant Assets and Depreciation.
Lesson Plan: Accrued Revenue and Expenses
Resource ID: 11731 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate accrued revenues and expenses, as well as analyzing and journalizing transactions related to the accrual accounting system.
Lesson Plan: Forming and Dissolving Businesses
Resource ID: 11734 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates, how to legally form various types of business, how to analyze and journalize transactions that liquidate the assets of these types of businesses.
Lesson Plan: End of Fiscal Period Activities
Resource ID: 11739 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates the accounting procedures necessary for the end of a fiscal period for a corporation.
Review the scope and sequence document. One or more lesson plans are currently not available.
Resource ID: CSLP01
One or more lesson plans are currently not available. Review the scope and sequence document, TEKS, and available lesson plans, to determine which additional lesson plans to locally develop. You can download the optional blank lesson plan template provided here, to locally develop a new lesson plan, consistent with the others provided in the Texas CTE Resource Center. If after developing a new lesson plan, you would like the TEA to consider adding it to the resource library for colleague teachers to also use in the future, attach the lesson plan and any supplemental instructional materials through the form here, for consideration. If published, we will attribute the materials to you.

Unit 8: Salaries and Payroll Expenses

Lesson Plan: Numeric Keypad by Touch
Resource ID: 11699 Grade Range: 10, 11, 12 Institutional Organization: UNT
Accounting firms require extensive number crunching with accuracy and speed into today’s spreadsheets and/or accounting software programs. As with typing, 10-key entry requires repetitive practice, over and over, to become proficient. This lesson will build speed and accuracy using the numeric keypad by touch.
Lesson Plan: Banking for Business
Resource ID: 11706 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson covers opening and maintaining checking accounts, reconciling bank statements and preparing journal entries resulting from banking transactions.
Lesson Plan: Preparing Payroll
Resource ID: 11711 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate the importance of payroll and how to conduct various payroll procedures accurately so that employees are paid the right amount of money, and state and federal tax deposits are made on a timely basis.
Lesson Plan: Plant Assets and Depreciation
Resource ID: 11729 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate the cost of inventory using different accounting methods. The lesson also introduces the concept of Plant Assets and Depreciation.
Lesson Plan: Accrued Revenue and Expenses
Resource ID: 11731 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate accrued revenues and expenses, as well as analyzing and journalizing transactions related to the accrual accounting system.
Lesson Plan: Forming and Dissolving Businesses
Resource ID: 11734 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates, how to legally form various types of business, how to analyze and journalize transactions that liquidate the assets of these types of businesses.
Lesson Plan: End of Fiscal Period Activities
Resource ID: 11739 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates the accounting procedures necessary for the end of a fiscal period for a corporation.
Review the scope and sequence document. One or more lesson plans are currently not available.
Resource ID: CSLP01
One or more lesson plans are currently not available. Review the scope and sequence document, TEKS, and available lesson plans, to determine which additional lesson plans to locally develop. You can download the optional blank lesson plan template provided here, to locally develop a new lesson plan, consistent with the others provided in the Texas CTE Resource Center. If after developing a new lesson plan, you would like the TEA to consider adding it to the resource library for colleague teachers to also use in the future, attach the lesson plan and any supplemental instructional materials through the form here, for consideration. If published, we will attribute the materials to you.

Unit 9: Corporations and Corporate Accounting

Lesson Plan: Capital Accounts and Dividend Distribution
Resource ID: 11733 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson, students will demonstrate how to use the appropriate accounting procedures for establishing capital accounts and dividend distribution for a corporation.
Lesson Plan: End of Fiscal Period Activities
Resource ID: 11739 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates the accounting procedures necessary for the end of a fiscal period for a corporation.
Review the scope and sequence document. One or more lesson plans are currently not available.
Resource ID: CSLP01
One or more lesson plans are currently not available. Review the scope and sequence document, TEKS, and available lesson plans, to determine which additional lesson plans to locally develop. You can download the optional blank lesson plan template provided here, to locally develop a new lesson plan, consistent with the others provided in the Texas CTE Resource Center. If after developing a new lesson plan, you would like the TEA to consider adding it to the resource library for colleague teachers to also use in the future, attach the lesson plan and any supplemental instructional materials through the form here, for consideration. If published, we will attribute the materials to you.

Unit 10: Laws and Regulations

Lesson Plan: Numeric Keypad by Touch
Resource ID: 11699 Grade Range: 10, 11, 12 Institutional Organization: UNT
Accounting firms require extensive number crunching with accuracy and speed into today’s spreadsheets and/or accounting software programs. As with typing, 10-key entry requires repetitive practice, over and over, to become proficient. This lesson will build speed and accuracy using the numeric keypad by touch.
Lesson Plan: Banking for Business
Resource ID: 11706 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson covers opening and maintaining checking accounts, reconciling bank statements and preparing journal entries resulting from banking transactions.
Lesson Plan: Why Incorporate?
Resource ID: 11724 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson, students will research information on corporations to determine the benefits of incorporating. Students will also determine the differences between merchandising and manufacturing businesses.
Lesson Plan: Plant Assets and Depreciation
Resource ID: 11729 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate the cost of inventory using different accounting methods. The lesson also introduces the concept of Plant Assets and Depreciation.
Lesson Plan: Accrued Revenue and Expenses
Resource ID: 11731 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate accrued revenues and expenses, as well as analyzing and journalizing transactions related to the accrual accounting system.
Lesson Plan: Forming and Dissolving Businesses
Resource ID: 11734 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates, how to legally form various types of business, how to analyze and journalize transactions that liquidate the assets of these types of businesses.
Lesson Plan: End of Fiscal Period Activities
Resource ID: 11739 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates the accounting procedures necessary for the end of a fiscal period for a corporation.
Review the scope and sequence document. One or more lesson plans are currently not available.
Resource ID: CSLP01
One or more lesson plans are currently not available. Review the scope and sequence document, TEKS, and available lesson plans, to determine which additional lesson plans to locally develop. You can download the optional blank lesson plan template provided here, to locally develop a new lesson plan, consistent with the others provided in the Texas CTE Resource Center. If after developing a new lesson plan, you would like the TEA to consider adding it to the resource library for colleague teachers to also use in the future, attach the lesson plan and any supplemental instructional materials through the form here, for consideration. If published, we will attribute the materials to you.

Unit 11: Accounting Simulations and Presentations

Lesson Plan: Numeric Keypad by Touch
Resource ID: 11699 Grade Range: 10, 11, 12 Institutional Organization: UNT
Accounting firms require extensive number crunching with accuracy and speed into today’s spreadsheets and/or accounting software programs. As with typing, 10-key entry requires repetitive practice, over and over, to become proficient. This lesson will build speed and accuracy using the numeric keypad by touch.
Lesson Plan: Banking for Business
Resource ID: 11706 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson covers opening and maintaining checking accounts, reconciling bank statements and preparing journal entries resulting from banking transactions.
Lesson Plan: Evaluating and Projecting
Resource ID: 11722 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson, students learn to demonstrate skills in making projections for future business success using current accounting information.
Lesson Plan: Why Incorporate?
Resource ID: 11724 Grade Range: 10, 11, 12 Institutional Organization: UNT
In this lesson, students will research information on corporations to determine the benefits of incorporating. Students will also determine the differences between merchandising and manufacturing businesses.
Lesson Plan: Plant Assets and Depreciation
Resource ID: 11729 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate the cost of inventory using different accounting methods. The lesson also introduces the concept of Plant Assets and Depreciation.
Lesson Plan: Accrued Revenue and Expenses
Resource ID: 11731 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson will demonstrate how to calculate accrued revenues and expenses, as well as analyzing and journalizing transactions related to the accrual accounting system.
Lesson Plan: Forming and Dissolving Businesses
Resource ID: 11734 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates, how to legally form various types of business, how to analyze and journalize transactions that liquidate the assets of these types of businesses.
Lesson Plan: End of Fiscal Period Activities
Resource ID: 11739 Grade Range: 10, 11, 12 Institutional Organization: UNT
This lesson demonstrates the accounting procedures necessary for the end of a fiscal period for a corporation.
Review the scope and sequence document. One or more lesson plans are currently not available.
Resource ID: CSLP01
One or more lesson plans are currently not available. Review the scope and sequence document, TEKS, and available lesson plans, to determine which additional lesson plans to locally develop. You can download the optional blank lesson plan template provided here, to locally develop a new lesson plan, consistent with the others provided in the Texas CTE Resource Center. If after developing a new lesson plan, you would like the TEA to consider adding it to the resource library for colleague teachers to also use in the future, attach the lesson plan and any supplemental instructional materials through the form here, for consideration. If published, we will attribute the materials to you.