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Course:AccountingTeacher:R. AllenUnit:Economics and YouStart Date:08/20/2018Approximate number of class periods:6Standards (Content/MO Learning Standards):L02. Prepare a net worth statement and explain its purposeL03. Classify accounts and determine their relationships in the equationL04. Analyze the effects of transactions in the accounting equationL06. Compare and contrast the types of transactions that increase and decrease Owner’s EquityL07. Explain the difference between expenses and liabilitiesEssential Questions:How many of you are entrepreneurs? How many are employees? How many know the difference?How many of you know someone who works in the accounting field?Who do you think uses accounting information?How many of you have a job that provides a paycheck? (Point out that the companies for which they work must keep accurate records for each employee.)Enduring Understandings: This unit introduces how accounting can be used to make information personal and business decisions. It explains how businesses are started and reveals how certain accounts are affected when the business is organized. The accounting equation is used to analyze the transactions. (Gilbertson)Formative: Assessments:Daily activities, homework, assignmentsSummative Assessments:Unit Exam, projects, quizzesStandard #:Learning Objectives:Learning Plan (Instructional Activities w/ DOK Level):Students will know:Students will be able to:How to understand accounting equation. How to analyze a “T account”.Identify transactions Differentiate among the accounts and their actions.Describe the difference between the accounts Discuss how each account is affect during transactionsExplain how the accounting equation keeps all transactions in orderDOK 2/3 Lecture: Accounting EquationDOK 2 Power points: vocabulary words and equationDOK 3 Videos: accounting “T charts” DOK 3 / 4 Web Based Program: Cengagebrain and schoologyMaterials/Resources:Computer, Weekly goal logs, binders, web-based programKey Vocabulary:Accounting, accounting system, financial statements, net worth statement, asset, liability, personal net worth, equity, ethics, business ethics, service business, GAAP, equities, owner’s equity, accounting equation, transaction, account, account title, account balance, capital account, creditor, revenue, sale on account, expense, withdrawalsInstructional Strategies:Case StudiesBrain StormingComputer ActivitiesContract LearningCritiquesDebatesDemonstrationsDirection InstructionDiscussionsDrillExemplarsExhibits/DisplaysGraphic organizerGuest speakerGuided DiscoveryHands-on ActivityInquiryIntegrated InstructionLab ExerciseLectureModelingModels/SamplesMultidisciplinaryOther ____________OutreachPresentationsRole PlaySeminarsSocratic MethodThematic InstructionVisualizationTotal Participation TechniquesThink-Pair-ShareQuick-WritesQuick-DrawsChalkboard SplashThumbs-Up When ReadyProcessing CardsSimilesRankingNumbered Heads TogetherThumbs Up/Down VoteSelected-Response Hold-UpsNumber Card Hold-UpsTrue/Not True Hold-UpsMultiple-Choice Hold-UpsWhiteboard Hold-Up’sLine-Ups and Inside-Outside CirclesThree 3’s in a RowNetworking SessionsCategorizing and SortingAppointment AgendasBounce CardsMouth It, Write-It or Show MeActing It Out, Role-Plays and CharadesSimulationsCut-and-PastesTPTs During the Read AloudConfer, Compare and ClarifyGraphic Organizers and Prepared PacketsAnticipatory GuidesPicture NotesLecture T-ChartThe 3-Sentence Wrap-UpA-Z Sentence SummariesPause, Star, RankKey-Word DanceDebate Team CarouselTechnology-Based TPTs ................
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