Objectives:
- Students will understand the accounting process.
- Students will be able to identify and explain the different types of business operations reflected in financial statements.
- Students will be able to demonstrate how to record transactions in the accounting system.
Age Level: Late secondary school/junior college
National Standards: Complies with NBEA Accounting 2023 Standard III.1.2. Explain how the different types of business operations are reflected in the financial statements.
Materials:
- Whiteboard
- Markers
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