Lesson Plan 1.1 –
Orientation and Review of Accounting I Concepts
Course Title – Accounting II
Lesson Title – Orientation and Review of Accounting I Concepts
Specific Objective – Review the basic accounting concepts of the
Accounting Equation, Debits and Credits, and the Accounting Cycle because
mastery of accounting fundamentals is essential as a solid foundation for further
study.
Performance Objectives:

Understand the purpose of the class through orientation and introduction to
the course;
 Identify their classmates;
 State and describe the components of the basic accounting equation;
 Apply debits and credits to a business transaction;
 Apply the double-entry accounting system;
 State and follow the steps in the accounting cycle;
 Analyze business transactions.
TAKS: R1, M10
Preparation
Materials Needed:
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Textbook
Internet
Multimedia presentation software
Smart Board or White Board
Sponge/Focus Activity:
Question students about what debit and credit mean. See if they remember this
from Accounting I.
Lesson Content:


Provide students with a course description or syllabus
Get to know students through the use of Me Posters or Me Presentations
(See Lesson Activities 1.1.1 and 1.1.2)
 See Teaching Strategies
 The Basic Accounting Equations and the Effects of Debits and Credits
 The Components of the Accounting Cycle
Lesson Plan 1.1 –
Orientation and Review of Accounting I Concepts
Copyright © Texas Education Agency, 2011. All rights reserved.
ACCOUNTING II
Teaching Strategies:
Begin by reviewing the Basic Accounting Equation—have your students take
notes as you go over these concepts on the overhead.
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

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Write ―ASSETS = LIABILITIES + STOCKHOLDERS’ EQUITY‖ across the top
of a transparency. Under ASSETS put a T-account labeled ―Cash in Bank‖.
Have the class give you names of other Asset accounts and note them as
well, like ―Accounts Receivable, Supplies, Equipment, Land, and Building‖.
On the Cash in Bank T-account, write Debit on the left side and Credit on the
right side. Ask the class which side of an Asset Account is the increase
side—Debit or Credit. Write a + sign under the word Debit and a  sign under
the word Credit. Ask the class which side of an Asset Account is the Normal
Balance side. Write ―Bal‖ under the Debit side of the Cash in Bank Taccount.
Repeat this process for the Liabilities.
Under Stockholders’ Equity, put a T-account labeled ―Capital Stock‖ or
―Retained Earning‖ or put two T-accounts and label one with each title. On
the Capital Stock and/or Retained Earnings T-account write Debit on the left
side and Credit on the right side. Ask the class which side of an Equity
Account is the increase side—Debit or Credit. Write a + sign under the word
Credit and a  sign under the word Debit. Ask the class which side of an
Equity Account is the Normal Balance side. Write ―Bal‖ under the Credit side
of the Capital Stock and/or Retained Earnings T-account.
Below the Equity area, include the temporary classifications. Remind them
about Income Summary and how it can have a Debit or Credit Balance.
Add ―Revenue‖ to your transparency. Add a T-account for Sales. Go over
the Debits and Credits for Sales. Add the contra account Sales Returns and
Allowances. Go over the Debits and Credit for Sales Returns and Allowances
and remind your students that Sales Discounts are the same.
Add ―Cost of Merchandise‖ to your transparency. Add a T-account for
Purchases. Go over the Debits and Credits for Purchases. Remind students
that ―Transportation In‖ is the same as Purchases. Add the contra account
Purchases Returns and Allowances. Go over the Debits and Credit for
Purchases Returns and Allowances and remind your students that Purchases
Discounts is the same.
Add ―Expenses‖ to your transparency. Add a T-account for Advertising
Expenses. Also ask your students to list other Expense accounts and note
them. Go over the Debits and Credits for Expenses.
Then using an image of the Accounting Cycle, review the steps in the
Accounting Cycle with the class. Ask a different student to explain each step.
Reinforce correct answers. Students should take notes.
Assessment:
Quiz your students on the Basic Accounting Equation with T-accounts and Debits
and Credits.
Lesson Plan 1.1 –
Orientation and Review of Accounting I Concepts
Copyright © Texas Education Agency, 2011. All rights reserved.
ACCOUNTING II
Lesson Plan 1.1 –
Orientation and Review of Accounting I Concepts
Copyright © Texas Education Agency, 2011. All rights reserved.
ACCOUNTING II
Activity 1.1.2 – Me Presentation
Course Title – Accounting II
Session Title– Orientation and Review of Accounting I Concepts
Lesson Objective:
Students learn about each other and you learn about students.
TEKS: 130.167.c.

7.B.vi.create a clear and coherent presentation, including the use of correct
grammar, spelling, punctuation, and citation of resource materials.
 8.B. create a clear and coherent oral and written presentation that includes
the use of grammar, spelling, punctuation, and citation of resource materials
TAKS: W4, W5, W6
Preparation
Encourage students to be creative yet school appropriate.
Materials Needed:

Computer with presentation software
Activity Outline:
Have your students prepare a multimedia presentation addressing each of the
following 14 topics as outlined. Note that graphics are required for presentation
of each topic.
1. Title: Full Name, Nickname, Age and Grade
2. All About Me: Four adjectives that describe me.
3. My Personal Info:
a. I was born (where).
b. I lived in this area for (?) years.
c. My brothers and sisters are (include names and ages)
4. My Beliefs and Values:
a. I believe…
b. I value…
5. My Job and Interests:
a. My job (indicate where and the number of hours worked),
b. My Hobbies/Interests: ,
c. My School Activities: ,
d. My outside of school activities:
6. My Learning Style: I
a. prefer to communicate with others by….,
b. I learn best by…
7. My Favorites:
a. Food: ,
b. Music: ,
c. Sport: ,
d. TV Program ,
Activity 1.1.2 – Me Presentation
Copyright © Texas Education Agency, 2011. All rights reserved.
ACCOUNTING II
e. Movie: ,
f. Book: ,
8. My Computer Experience:
a. Do I own a computer at home? (If yes, list the type and model),
b. My Computer Experience: (Include all the titles of software you know)
9. My Other Business Classes: List other business courses taken at this
High School; List any business courses taken at other schools.
10. My School Experiences:
a. My favorite class…,
b. My favorite school memory is…,
c. The class I had the most difficulty in was…
11. My Future/Goals:
a. My goal in life…,
b. My plans after high school are…,
c. Future occupation/employment: (What do I want to do for the rest of my
life?)
12. Why am I here? Why did I take this class? (List at least 3 reasons.) What
are my goals for this class? (List at least 3 goals.)
13. Hopes for this class: I want you to know that…, People in this class with
whom I would like to work or who I would like to sit by are…
14. My Final Comments: Anything else I want others to know.
Assessment:
Teacher
Name:____________________
Student Name:
________________________________________
CATEGORY 4
Background
Background does not
detract from text or other
graphics. Choice of
background is consistent
from card to card and is
appropriate for the topic.
3
2
Background does not Background does not
detract from text or detract from text or other
other graphics.
graphics.
Choice of
background is
consistent from card
to card.
Text - Font
Choice &
Formatting
Font formats have
been carefully
planned to enhance
readability.
Font formatting has been Font formatting makes
carefully planned to
it very difficult to read
complement the content. It the material.
may be a little hard to read.
Use of Graphics All graphics are attractive
(size and colors) and
support the
theme/content of the
presentation.
A few graphics are
not attractive but all
support the
theme/content of the
presentation.
All graphics are attractive
but a few do not seem to
support the theme/content
of the presentation.
Spelling and
Grammar
Presentation has 1-2 Presentation has 1-2
Presentation has more
misspellings, but no grammatical errors but no than 2 grammatical
grammatical errors. misspellings.
and/or spelling errors.
Font formats (e.g., color,
bold, italic) have been
carefully planned to
enhance readability and
content.
Presentation has no
misspellings or
grammatical errors.
Activity 1.1.2 – Me Presentation
1
Background makes it
difficult to see text or
competes with other
graphics on the page.
Several graphics are
unattractive AND
detract from the content
of the presentation.
Copyright © Texas Education Agency, 2011. All rights reserved.
ACCOUNTING II
Content –
Accuracy
All content throughout the Most of the content is The content is generally
presentation is accurate. accurate but there is accurate, but one piece of
There are no factual
one piece of
information is clearly
errors.
information that
flawed or inaccurate.
might be inaccurate.
Content is typically
confusing or contains
more than one factual
error.
Rubric for PowerPoint Presentation All About Me: http://msramoschs.tripod.com/id69.html
Activity 1.1.2 – Me Presentation
Copyright © Texas Education Agency, 2011. All rights reserved.
ACCOUNTING II
Activity 1.1.1 – Me Poster
Course Title – Accounting II
Lesson Title– Orientation and Review of Accounting I Concepts
Lesson Objective:
Students learn about each other and you learn about students.
TEKS:
130.167. C.7.B.vi.create a clear and coherent presentation, including the use of
correct grammar, spelling, punctuation, and citation of resource materials.
TAKS :
W4
Preparation
Encourage students to be creative yet school appropriate.
Materials Needed:




Poster Board
Magazines
Computer
Markers, crayons, pen and/or pencils
Activity Outline:
Have students use at least a half piece of poster board to tell the class about
themselves. Suggest they include their favorites: food, activities, pizza, TV
programs, movies, books, etc.
Assessment:
Quality Feature
Poster Size
At least 10 items on the poster board
First and Last name
Creativity
Appropriateness
Presentation to the class
Score
10
20
5
5
20
40
Total
100
Students present their poster to the class.
Activity 1.1.1 – Me Poster
Copyright © Texas Education Agency, 2011. All rights reserved.
ACCOUNTING II