Accounting:
Curriculum Map
Topic: Starting a Proprietorship: Changes That Affect the
Grade: 10-12
Accounting Equation
Key Learning(s):
Unit Essential Question(s):
Define accounting terms related to
starting a service business organized as
a proprietorship and to changes that
affect the accounting equation.
Identify accounting concepts and
practices related to starting a service
business organized as a proprietorship
and to changes that affect the
accounting equation.
Classify accounts as assets, liabilities,
or owner’s equity and demonstrate their
relationship in the accounting equation.
Analyze how transactions affect
accounts in an accounting equation.
What is the difference between an asset,
liability, and owner’s equity?
What does the accounting equation look
like?
What must be true about the accounting
equation at all times?
What are the different ways in which the
accounting equation is affected?
Concept:
Concept:
Concept:
The accounting equation
How business activities
change the accounting
equation.
How transactions change
owner’s equity in an
accounting equation
Lesson Essential Questions:
Lesson Essential Questions:
Lesson Essential Question
What is accounting?
What jobs are available in
accounting?
What is a proprietorship?
What is a service
business?
What is an asset?
What is a liability?
What is owner’s equity?
How do business
transactions affect the
basic accounting equation?
How do business
transactions affect the
balance of A=L+OE?
How do owner’s equity
transactions affect the basic
accounting equation?
How do owner’s equity
transactions affect the
balance of A=L+OE?
What are the four things that
affect owner’s equity?
Optional
Instructional Tools:
Workbook problems
Worksheet problems
Newspaper
Examples of accounting
jobs
Concept:
Lesson Essential Questions:
Vocabulary:
Accounting
Accounting system
Accounting records
Financial statements
Service business
Proprietorship
Assets
Liabilities
Equities
Owner’s equity
Accounting equation
Ethics
Business ethics
Other Information:
Vocabulary:
Transactions
Account
Account title
Account balance
Capital
Vocabulary:
Revenue
Sale on account
Expense
withdrawals
Vocabulary: