BAI3E Unit 2
Tues. Sept. 17th Learning Goal: to explain the relationship among the classifications used in a balance sheet.
1. Access OERB and Search ELO1239660
2. Click on Activity 1 - Accounting Basics 101 and answer the following questions and activity:
*Activity 1 Questions*
*Activity 1 Activity*
**Celebrity Net Worth Video Clip
Wed. Sept. 18th Learning Goal: to apply knowledge of the balance sheet classifications
1. Finish and take up Unit 2 Activity 1 Activity
2. Take Quiz - print out results, write your name on quiz and submit
3. Activity 1 Review booklet (Assets, Liabilities, O/E, calculating net worth, etc.)
Thurs. Sept. 19th Learning Goal: to utilize the fundamental accounting equation to complete balance sheet calculations
1. Continue with Activity 1 Review Booklet
2. Take up when halfway through
3. Do Activity 1 "Activity" Handout
4. Shark Tank Episode - Onesole
*Quiz on Monday on Asset, Liability and Owner's Equity Calculations
Fri. Sept. 20th Learning Goal: to demonstrate understanding of Owner's Equity calculations
1. Finish taking up Activity 1 Review Booklet
3. Access OERB Unit 2 through the money bag icon or Search ELO1239660
3. Click on Activity 2 - Accounting Basics 102
*Activity 2 - Balance Sheet Questions*
*Activity 2 - Balance Sheet Activity*
Mon. Sept. 23rd Learning Goal: to demonstrate understanding of Balance sheet calculations
1. Distribute yellow student folders
2. Distribute QUIZ
3. Students should continue working on their Balance Sheet booklets (extras provided)
Tues. Sept. 24th Learning Goal:to learn how to complete a formal Balance Sheet
1. Continue working on and taking up Balance Sheet Booklets (Exercises #1-4)
Wed. Sept. 25th Learning Goal:to apply knowledge of completing a formal Balance Sheet
1. Finish working on and taking up Balance Sheet Booklets (#5 & #6)
2. Balance Sheet Quiz
Thurs. Sept. 26th Learning Goal:to apply knowledge of completing a balance sheet to application software
1. Click on Activity 2 - Accounting Basics 102
*Activity 2 - Balance Sheet Activity* work through as a class
2. More Balance Sheet Practice on MS Word:
*Extreme Repair Balance Sheet*
Fri. Sept. 27th Learning Goal:to apply knowledge of completing a balance sheet to application software
1. Balance Sheet Practice
*On Time Taxi Balance Sheet*
*Bruce Wayne's Balance Sheet*
*Mow-a-Lawn
2. Quiz on Monday
Mon. Sept. 30th Learning Goal: to demonstrate understanding of how to complete a balance sheet on MS Word
1. Balance Sheet Quiz
2. Click on *Activity Three - The Use of Spreadsheets in Accounting* - make sure to click on "The Basics of.."
and "How to use Microsoft Excel" video clips. Search: ELO1091220
Activity Three Questions and Activity
Activity Three Excel Spreadsheet Template**
Tues. Oct. 1st Learning Goal: to begin using accounting software (MS Excel) to prepare financial statements (Balance Sheet)
1. Finish Activity Three and Balance Sheet on Excel from yesterday (Activity Three Excel Spreadsheet Template*)
Wed. Oct. 2nd Learning Goal: to continue using accounting software (MS Excel) to prepare financial statements
(Balance Sheet)
1. Practice - On Time Taxi Repair **Balance Sheet Template Excel
Thurs. Oct. 3rd Learning Goal: to continue using accounting software (MS Excel) to prepare financial
statements (Balance Sheet)
1. Balance Sheet on Excel Practice Liverpool Cleaners *Balance Sheet Template*
2. More Balance Sheet Practice Acting 101 Balance Sheet *Balance Sheet Excel Template*
** Test on the Balance on Excel tomorrow!
Fri. Oct. 4th Learning Goal: to demonstrate understanding of how to complete a Balance Sheet on MS Excel
1. Balance Sheet on Excel Minitest *Balance Sheet Excel Template*
2. Access OERB Unit 2 - Search ELO1092430
3. Click on Activity 2 - Business Transactions - Activity Two Questions and Activity
Mon. Oct. 7th Learning Goal: to apply accounting practices in a computerized environment using a transaction
analysis sheet
1. Continue with Activity 2 - Business Transactions - take up Questions & Activity
2. Transaction Analysis Sheet Booklet Exercise - Goldman's Gym
Tues. Oct. 8th Learning Goal: to demonstrate understanding of the Transaction Analysis Sheet
1. Goldman's Gym - August transactions
2. Triangle Real Estate - practice
3. Ex. #9 pg. 21 Ngon Lam Bookkeeping T.A.S. QUIZ
Wed. Oct. 9th Learning Goal: to apply accounting practices in a computerized environment using a transaction
analysis sheet
1. Guided Practice - Transaction Analysis Sheet Practice on MS Excel -
Doggy Dasz Spa Transactions* *Transaction Analysis Sheet Template*
2. Transaction Analysis Sheet Practice - Textbook Ex. #10 pg. 22 Template*
3. Do Transaction Analysis Sheet Practice - *Textbook Exercise #11 pg. 22-23 Template*
Thurs. Oct. 10th Learning Goal: to demonstrate understanding of using a computerized transaction analysis sheet
1. Saints Softball Practice Transaction Analysis Sheet - Practice
2. Smith's Dental Care Co. Transaction Analysis Sheet - Practice
Tues. Oct. 15th Learning Goal: to demonstrate knowledge of the transaction analysis sheet and todescribe the relationship between debits, credits, and the balance sheet.
Success Criteria: I will be successful when I:
1. Complete the Speedy Appliance - Transaction Analysis Sheet Minitest
2. Catch up on any Unit 1 missed Assignments
3. Distribute Progress Reports
What was the big idea for today? Please tell me using the "Success Criteria" page
Wed. Oct. 16th Learning Goal: to describe the relationship between debits, credits, and the balance sheet
Success Criteria: I will be successful when I:
1. Complete the Debit/ Credit Lesson** (click on the link and Search: OERB Resource ID: ELO1222770)
2. Complete Debit/Credit Questions & Activity
3. Complete Double Entry Accounting Lesson** (Search OERB Resource ID : ELO1222780) **Double Entry Activity**
What was the big idea for today? Please tell me using the "Success Criteria" page
Thurs. Oct. 17th Learning Goal: to describe the relationship between debits, credits, and the balance sheet
Success Criteria: I will be successful when I:
1. Finish taking up the Double Entry Accounting Activity from yesterday
2. Complete the Analyzing transactions practice textbook exercises: pg. 52-53
Complete the Analyzing transactions practice textbook exercises: pg. 52-55
*Ex. #3 pg. 52 Analyzing Transactions Template*
Fri. Oct. 18th Learning Goal: to demonstrate understanding of the transactions analysis sheet and balance sheet
Success Criteria: I will be successful when I:
1. Finish Transaction Analysis Test
2. Complete the Analyzing transactions practice textbook exercises: pg. 52-55
*Ex. #3 pg. 52 Analyzing Transactions Template*
Mon. Oct. 21st Learning Goal: to analyze transactions using the debit-credit theory
Success Criteria: I will be successful when I:
1. Take up Ex. #3 from Friday
2. Complete the Analyzing transactions practice textbook exercises: pg. 52-55
*Ex. #4 pg. 52 Analyzing Transactons Template*
*Ex. #5 pg. 53 Analyzing Transactions Template*
*Ex. #6 pg. 53 Analyzing Transactions Template*
*Ex. #7 pg. 54 Analyzing Transactions Template*
*Ex. #8 pgs. 54-55 Analyzing Transactions Template*
Tues. Oct. 22nd Learning Goal: to learn how to set-up, analyze transactions and calculate balances in t-accounts
Success Criteria: I will be successful when I:
1. Access OERB - Unit 2 - Search: ELO1092430
2. Click on Activity Five - Ledger, Trial Balance and T-Accounts
Answer: **Activity Five Questions**
3. Complete as a class, Speedy Appliance Repair T-Account Activity
4. Complete individually the Goldman's Gym Activity
Wed. Oct. 23rd. Learning Goal: to apply knowledge of utilizing t-accounts and the double entry accounting theory
Success Criteria: I will be successful when I:
1. Finish Goldman's Gym Activity
2. Complete Activity 3 - Pete's Gym Booklet
3. Start the Unit Review Sheet
Thurs. Oct. 24th Learning Goal: to continue to apply knowledge of utilizing t-accounts and the double entry accounting theory
Success Criteria: I will be successful when I:
1. Take up Activity 3 - Pete's Gym Booklet
2. Complete Ex. #6 pg. 55 Dr. Levine
Fri. Oct. 25th Learning Goal: to continue to apply knowledge of utilizing t-accounts and the double entry accounting theory
Success Criteria: I will be successful when I:
1. T-Account & Debit/Credit Quiz
2. Work on Ex. #7 pg. 56 Bookkeeping Services
3. Complete Ex. #7 and take up
Mon. Oct. 28th Learning Goal: to continue to apply knowledge of utilizing t-accounts and the double entry accounting
theory
Success Criteria: I will be successful when I:
1. Work on Ex. #8 pg. 56 Fisher's Body Repair
2. Complete Ex. #8 and take up
3. Complete Case #2 Errors in Recording Transactions in MS Word on pg. 59
** Mini-test on t-accounts and trial balance tomorrow.
Tues. Oct. 29th Learning Goal: to learn the four new expanded equity accounts.
Success Criteria: I will be successful when I:
1. Complete the T-Accounts and Trial Balance Mini-Test
2. Read through Activity Two: Accounting Basics 101 Lesson (Search: ELO1239660)
Note: once in "Activity Two" click "CONTENT" then "NEXT" to get to correct portion of lesson: Expanding Owner's
Equity
3. Expanding Owners Equity-Question Sheet*
Wed. Oct. 30th Learning Goal: to record transactions using the double-entry accounting system and the four new expanded equity accounts.
Success Criteria: I will be successful when I:
1. Go through Expanding Owner's Equity handout and lesson from yesterday
2. Complete the Expanding Owner's Equity Booklet
Thurs. Oct. 31st Learning Goal: to record transactions using the double-entry accounting system using a formal general journal
Success Criteria: I will be successful when I:
1. Distribute Journal Entries Booklet
2. Read through lesson
3. Complete example journal entries
4. Complete t-accounts
Fri. Nov. 1st Learning Goal: to continue to record transactions using the double-entry accounting system using a formal general journal
Success Criteria: I will be successful when I:
1. Finish Journal Entry Booklet by completing all journal entries - take up
Mon. Nov. 4th Learning Goal: to learn about the various sources of objective evidence used to record transactions
Success Criteria: I will be successful when I:
1. Source Document Lesson + Questions (Ex. #19 & 20)
2. Start Journal entry practice *text pg 107- problem solving Ex.# 1-4
**Excel sheet to complete questions above
Tues. Nov. 5th Learning Goal: to continue recording transactions into general journal
Success Criteria: I will be successful when I:
1. Continue with journal entry practice Text pg. 107 Ex. #1-4 Excel sheet to complete questions above
2. Quiz tomorrow on journal entries
Wed. Nov. 6th Learning Goal: to to continue recording transactions into general journal
Success Criteria: I will be successful when I:
1. Take up and correct Ex. #3 pg. 108 (grey textbook)
2. Complete Exercise #4 pg. 108 as a class *Template*
3. Start Ex. #5 pg. 120
4. Complete Ex. #6 pg. 120-121
*General Journal Mini-test tomorrow*
Thurs. Nov. 7th Learning Goal: to explain the relationship among the classifications used in an income statement
Success Criteria: I will be successful when I:
1. General Journal & Source Document Mini-test
2. Start Income Statement Lesson - Access OERB
*Link to Unit 4*
3. Unit 4: Activity 2: The Income Statement (Search :ELO1222880)4. The Income Statement- Question Sheet*
5. Read through Income Statement Lesson - (Search: ELO1092440) and take the income statement tutorial - print out when finished.
6. Read and answer Income Statement Questions & Activity Info.
7. Distribute Income Statement booklet and go through #1 as a guided practice
Fri. Nov. 8th Learning Goal: to learn about career opportunities in the accounting field
Success Criteria: I will be successful when I:
1. Listen to the CGA Presentation
2. Complete Income Statement #2 from booklet
Mon. Nov. 11th Learning Goal: to continue to apply knowledge of income statement
Success Criteria: I will be successful when I:
1. Complete Income Statement Booklet (Ex. #1-5)
2. If finished, start entering each income statement onto the computer using formulas and the template provided *Template*
1. Access OERB and Search ELO1239660
2. Click on Activity 1 - Accounting Basics 101 and answer the following questions and activity:
*Activity 1 Questions*
*Activity 1 Activity*
**Celebrity Net Worth Video Clip
Wed. Sept. 18th Learning Goal: to apply knowledge of the balance sheet classifications
1. Finish and take up Unit 2 Activity 1 Activity
2. Take Quiz - print out results, write your name on quiz and submit
3. Activity 1 Review booklet (Assets, Liabilities, O/E, calculating net worth, etc.)
Thurs. Sept. 19th Learning Goal: to utilize the fundamental accounting equation to complete balance sheet calculations
1. Continue with Activity 1 Review Booklet
2. Take up when halfway through
3. Do Activity 1 "Activity" Handout
4. Shark Tank Episode - Onesole
*Quiz on Monday on Asset, Liability and Owner's Equity Calculations
Fri. Sept. 20th Learning Goal: to demonstrate understanding of Owner's Equity calculations
1. Finish taking up Activity 1 Review Booklet
3. Access OERB Unit 2 through the money bag icon or Search ELO1239660
3. Click on Activity 2 - Accounting Basics 102
*Activity 2 - Balance Sheet Questions*
*Activity 2 - Balance Sheet Activity*
Mon. Sept. 23rd Learning Goal: to demonstrate understanding of Balance sheet calculations
1. Distribute yellow student folders
2. Distribute QUIZ
3. Students should continue working on their Balance Sheet booklets (extras provided)
Tues. Sept. 24th Learning Goal:to learn how to complete a formal Balance Sheet
1. Continue working on and taking up Balance Sheet Booklets (Exercises #1-4)
Wed. Sept. 25th Learning Goal:to apply knowledge of completing a formal Balance Sheet
1. Finish working on and taking up Balance Sheet Booklets (#5 & #6)
2. Balance Sheet Quiz
Thurs. Sept. 26th Learning Goal:to apply knowledge of completing a balance sheet to application software
1. Click on Activity 2 - Accounting Basics 102
*Activity 2 - Balance Sheet Activity* work through as a class
2. More Balance Sheet Practice on MS Word:
*Extreme Repair Balance Sheet*
Fri. Sept. 27th Learning Goal:to apply knowledge of completing a balance sheet to application software
1. Balance Sheet Practice
*On Time Taxi Balance Sheet*
*Bruce Wayne's Balance Sheet*
*Mow-a-Lawn
2. Quiz on Monday
Mon. Sept. 30th Learning Goal: to demonstrate understanding of how to complete a balance sheet on MS Word
1. Balance Sheet Quiz
2. Click on *Activity Three - The Use of Spreadsheets in Accounting* - make sure to click on "The Basics of.."
and "How to use Microsoft Excel" video clips. Search: ELO1091220
Activity Three Questions and Activity
Activity Three Excel Spreadsheet Template**
Tues. Oct. 1st Learning Goal: to begin using accounting software (MS Excel) to prepare financial statements (Balance Sheet)
1. Finish Activity Three and Balance Sheet on Excel from yesterday (Activity Three Excel Spreadsheet Template*)
Wed. Oct. 2nd Learning Goal: to continue using accounting software (MS Excel) to prepare financial statements
(Balance Sheet)
1. Practice - On Time Taxi Repair **Balance Sheet Template Excel
Thurs. Oct. 3rd Learning Goal: to continue using accounting software (MS Excel) to prepare financial
statements (Balance Sheet)
1. Balance Sheet on Excel Practice Liverpool Cleaners *Balance Sheet Template*
2. More Balance Sheet Practice Acting 101 Balance Sheet *Balance Sheet Excel Template*
** Test on the Balance on Excel tomorrow!
Fri. Oct. 4th Learning Goal: to demonstrate understanding of how to complete a Balance Sheet on MS Excel
1. Balance Sheet on Excel Minitest *Balance Sheet Excel Template*
2. Access OERB Unit 2 - Search ELO1092430
3. Click on Activity 2 - Business Transactions - Activity Two Questions and Activity
Mon. Oct. 7th Learning Goal: to apply accounting practices in a computerized environment using a transaction
analysis sheet
1. Continue with Activity 2 - Business Transactions - take up Questions & Activity
2. Transaction Analysis Sheet Booklet Exercise - Goldman's Gym
Tues. Oct. 8th Learning Goal: to demonstrate understanding of the Transaction Analysis Sheet
1. Goldman's Gym - August transactions
2. Triangle Real Estate - practice
3. Ex. #9 pg. 21 Ngon Lam Bookkeeping T.A.S. QUIZ
Wed. Oct. 9th Learning Goal: to apply accounting practices in a computerized environment using a transaction
analysis sheet
1. Guided Practice - Transaction Analysis Sheet Practice on MS Excel -
Doggy Dasz Spa Transactions* *Transaction Analysis Sheet Template*
2. Transaction Analysis Sheet Practice - Textbook Ex. #10 pg. 22 Template*
3. Do Transaction Analysis Sheet Practice - *Textbook Exercise #11 pg. 22-23 Template*
Thurs. Oct. 10th Learning Goal: to demonstrate understanding of using a computerized transaction analysis sheet
1. Saints Softball Practice Transaction Analysis Sheet - Practice
2. Smith's Dental Care Co. Transaction Analysis Sheet - Practice
Tues. Oct. 15th Learning Goal: to demonstrate knowledge of the transaction analysis sheet and todescribe the relationship between debits, credits, and the balance sheet.
Success Criteria: I will be successful when I:
1. Complete the Speedy Appliance - Transaction Analysis Sheet Minitest
2. Catch up on any Unit 1 missed Assignments
3. Distribute Progress Reports
What was the big idea for today? Please tell me using the "Success Criteria" page
Wed. Oct. 16th Learning Goal: to describe the relationship between debits, credits, and the balance sheet
Success Criteria: I will be successful when I:
1. Complete the Debit/ Credit Lesson** (click on the link and Search: OERB Resource ID: ELO1222770)
2. Complete Debit/Credit Questions & Activity
3. Complete Double Entry Accounting Lesson** (Search OERB Resource ID : ELO1222780) **Double Entry Activity**
What was the big idea for today? Please tell me using the "Success Criteria" page
Thurs. Oct. 17th Learning Goal: to describe the relationship between debits, credits, and the balance sheet
Success Criteria: I will be successful when I:
1. Finish taking up the Double Entry Accounting Activity from yesterday
2. Complete the Analyzing transactions practice textbook exercises: pg. 52-53
Complete the Analyzing transactions practice textbook exercises: pg. 52-55
*Ex. #3 pg. 52 Analyzing Transactions Template*
Fri. Oct. 18th Learning Goal: to demonstrate understanding of the transactions analysis sheet and balance sheet
Success Criteria: I will be successful when I:
1. Finish Transaction Analysis Test
2. Complete the Analyzing transactions practice textbook exercises: pg. 52-55
*Ex. #3 pg. 52 Analyzing Transactions Template*
Mon. Oct. 21st Learning Goal: to analyze transactions using the debit-credit theory
Success Criteria: I will be successful when I:
1. Take up Ex. #3 from Friday
2. Complete the Analyzing transactions practice textbook exercises: pg. 52-55
*Ex. #4 pg. 52 Analyzing Transactons Template*
*Ex. #5 pg. 53 Analyzing Transactions Template*
*Ex. #6 pg. 53 Analyzing Transactions Template*
*Ex. #7 pg. 54 Analyzing Transactions Template*
*Ex. #8 pgs. 54-55 Analyzing Transactions Template*
Tues. Oct. 22nd Learning Goal: to learn how to set-up, analyze transactions and calculate balances in t-accounts
Success Criteria: I will be successful when I:
1. Access OERB - Unit 2 - Search: ELO1092430
2. Click on Activity Five - Ledger, Trial Balance and T-Accounts
Answer: **Activity Five Questions**
3. Complete as a class, Speedy Appliance Repair T-Account Activity
4. Complete individually the Goldman's Gym Activity
Wed. Oct. 23rd. Learning Goal: to apply knowledge of utilizing t-accounts and the double entry accounting theory
Success Criteria: I will be successful when I:
1. Finish Goldman's Gym Activity
2. Complete Activity 3 - Pete's Gym Booklet
3. Start the Unit Review Sheet
Thurs. Oct. 24th Learning Goal: to continue to apply knowledge of utilizing t-accounts and the double entry accounting theory
Success Criteria: I will be successful when I:
1. Take up Activity 3 - Pete's Gym Booklet
2. Complete Ex. #6 pg. 55 Dr. Levine
Fri. Oct. 25th Learning Goal: to continue to apply knowledge of utilizing t-accounts and the double entry accounting theory
Success Criteria: I will be successful when I:
1. T-Account & Debit/Credit Quiz
2. Work on Ex. #7 pg. 56 Bookkeeping Services
3. Complete Ex. #7 and take up
Mon. Oct. 28th Learning Goal: to continue to apply knowledge of utilizing t-accounts and the double entry accounting
theory
Success Criteria: I will be successful when I:
1. Work on Ex. #8 pg. 56 Fisher's Body Repair
2. Complete Ex. #8 and take up
3. Complete Case #2 Errors in Recording Transactions in MS Word on pg. 59
** Mini-test on t-accounts and trial balance tomorrow.
Tues. Oct. 29th Learning Goal: to learn the four new expanded equity accounts.
Success Criteria: I will be successful when I:
1. Complete the T-Accounts and Trial Balance Mini-Test
2. Read through Activity Two: Accounting Basics 101 Lesson (Search: ELO1239660)
Note: once in "Activity Two" click "CONTENT" then "NEXT" to get to correct portion of lesson: Expanding Owner's
Equity
3. Expanding Owners Equity-Question Sheet*
Wed. Oct. 30th Learning Goal: to record transactions using the double-entry accounting system and the four new expanded equity accounts.
Success Criteria: I will be successful when I:
1. Go through Expanding Owner's Equity handout and lesson from yesterday
2. Complete the Expanding Owner's Equity Booklet
Thurs. Oct. 31st Learning Goal: to record transactions using the double-entry accounting system using a formal general journal
Success Criteria: I will be successful when I:
1. Distribute Journal Entries Booklet
2. Read through lesson
3. Complete example journal entries
4. Complete t-accounts
Fri. Nov. 1st Learning Goal: to continue to record transactions using the double-entry accounting system using a formal general journal
Success Criteria: I will be successful when I:
1. Finish Journal Entry Booklet by completing all journal entries - take up
Mon. Nov. 4th Learning Goal: to learn about the various sources of objective evidence used to record transactions
Success Criteria: I will be successful when I:
1. Source Document Lesson + Questions (Ex. #19 & 20)
2. Start Journal entry practice *text pg 107- problem solving Ex.# 1-4
**Excel sheet to complete questions above
Tues. Nov. 5th Learning Goal: to continue recording transactions into general journal
Success Criteria: I will be successful when I:
1. Continue with journal entry practice Text pg. 107 Ex. #1-4 Excel sheet to complete questions above
2. Quiz tomorrow on journal entries
Wed. Nov. 6th Learning Goal: to to continue recording transactions into general journal
Success Criteria: I will be successful when I:
1. Take up and correct Ex. #3 pg. 108 (grey textbook)
2. Complete Exercise #4 pg. 108 as a class *Template*
3. Start Ex. #5 pg. 120
4. Complete Ex. #6 pg. 120-121
*General Journal Mini-test tomorrow*
Thurs. Nov. 7th Learning Goal: to explain the relationship among the classifications used in an income statement
Success Criteria: I will be successful when I:
1. General Journal & Source Document Mini-test
2. Start Income Statement Lesson - Access OERB
*Link to Unit 4*
3. Unit 4: Activity 2: The Income Statement (Search :ELO1222880)4. The Income Statement- Question Sheet*
5. Read through Income Statement Lesson - (Search: ELO1092440) and take the income statement tutorial - print out when finished.
6. Read and answer Income Statement Questions & Activity Info.
7. Distribute Income Statement booklet and go through #1 as a guided practice
Fri. Nov. 8th Learning Goal: to learn about career opportunities in the accounting field
Success Criteria: I will be successful when I:
1. Listen to the CGA Presentation
2. Complete Income Statement #2 from booklet
Mon. Nov. 11th Learning Goal: to continue to apply knowledge of income statement
Success Criteria: I will be successful when I:
1. Complete Income Statement Booklet (Ex. #1-5)
2. If finished, start entering each income statement onto the computer using formulas and the template provided *Template*