content area:
Grade Level:
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Accounting in Business
High School Students; Preferably Grades 10-12
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curriculum topic and expectations:
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Focus: Balance Sheet
A. Learning the balance sheet Equations main formula and learning and understanding the purpose behind that of which Assets = Liabilities + Owners Equity. B. Students will learn to read the balance sheet. Learning with developing skills with a statement of financial position. Learning how net worth is tied into the balance sheet and also income statement. C. Development of knowledge about both current and non-current assets. D. Lessons building knowledge on the different liabilities and the differences between each other. E. Learning about Shareholders’ Equity and how it is the initial amount of money invested into a business, as well understanding how shareholders’ equity and liabilities have to equal that of total assets. |