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Accounting Cycle

Using text, perform the following: 1. Evaluate the student's knowledge of accounting cycle 2. Demonstrate the use of documentation 3. Understand a complex accounting problem.

Grade levels: 9-12

johnmayo

Accounting 1 Chapter 1

1. Define accounting terms related to starting a service business organized as a proprietorship 2. Identify accounting concepts and practices related to starting a service business organized as a proprietorship and to changes that affect the accounting equation. 3. Classify accounts as assets, liabilities, or owner’s equity. 4. Analyze how transactions affect accounts in an accounting equation.

Grade levels: 9-12

johnmayo

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