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Accounting: Accounting Cycle and Double-Entry System
Objectives:
  • Apply the double-entry system of accounting to record business transactions and prepare a trial balance.
Age Level: Early/late secondary school

National Standards: Complies with NBEA Accounting 2023 Standard III.2.3. Apply the double-entry system of accounting to record business transactions and prepare a trial balance.

Materials:
  • Whiteboard or chalkboard
  • Markers or chalk
  • Student handouts
  • Blank accounting journal
  • Calculator
  • Index cards
  • Stopwatch
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