Accounting Chapter 10 Lesson Plan

Time to Complete (1-2 weeks)

Standards:

A1.2.1 (Compare and contrast various types of business ownership and accounting principles

that apply)

A1.3.1 (Examine, analyze and categorize financial transactions)

A1.3.2 (Apply the accounting equation as a guide to journalize basic transactions into a journal)

A1.3.3 (Post information from journals to all types into general and subsidiary ledger accounts)

Objectives:

1. Define accounting terms related to sales and cash receipts for a merchandising business.

2. Identify accounting concepts and practices related to sales and cash receipts for a

merchandising business.

3. Journalize sales on account using a sales journal.

4. Journalize cash receipts using a cash receipts journal.

5. Record sales returns and allowances using a general journal.

Lesson:

Read Accounting Best Buy – Increasing Sales Results and answer discussion questions.

Complete Chapter 10 guided reading sheets and discuss.

Complete 10-1 through 10-3 Work Together Problems in Class and have students

complete On Your Own for their own practice if needed.

Assessments:

1. Chapter 10 Worksheet

2. 10-1 through 10-4 Application Problems

3. 10-5 Mastery Problem

4. 10-5B Mastery (if needed)

5. 10 Source Documents Problem

6. 10-6 Challenge Problem (If needed)

7. Chapter 10 Study Guide

8. Chapter 10 Tests A or B