Double Entry Bookkeeping Activity
A Group Activity with Lectures

Learning Goals
This activity is designed to engage students in the bookkeeping functions of a business without knowing debits and credits. Students will learn to

• Remember 5 account types
• Determine how transactions affect account types
• Prepare Income Statement and Balance Sheet

Student Level
This activity is appropriate for middle school or high school students. No prior knowledge of accounting or bookkeeping is needed.

Activity Overview
After an introductory lecture about account types, students (in groups of 3-4) will read transactions, tear them apart and categorize them by account type. A follow up lecture will recap the activity and teach students to prepare financial statements. An optional lecture is provided regarding careers in accounting and how they relate to this activity. Time will depend on level of students, but can range from 100 to 200 minutes.

Materials (14 files)

Activity Materials	Teacher Resources
MaterialsA MaterialsB Labels	Activity Teacher's Guide
PreActivity PowerPoint Instructions PowerPoint PostActivity PowerPoint Careers in Accounting PowerPoint	PreActivity Notes Instructions Notes PostActivity Notes Careers in Accounting Notes
Assessments	Solutions