Description

A free single-session lesson on the one equation that holds all of accounting together.

Assets equal liabilities plus owner's equity, and it is never allowed to break. Your student watches three transactions balance, completes five more, then proves a full set of books balances to the dollar.

Accounting is unusual among school subjects: it has a built-in check on your own work. If it does not balance you made a mistake, and you know before anybody marks it.

Twenty minutes of teaching, twenty of work, no preparation and no devices.

WHAT'S INCLUDED

•Parent Guide — one page, no preparation needed
•What assets, liabilities and owner's equity actually mean
•Three worked transactions, five to complete, and a full set of books to prove
•Answer key with all eight worked
•Hours & Work Record for logging time and filing portfolio evidence

Written by a licensed K-12 business teacher with more than thirteen years in the classroom. Built to be taught by a parent with no background in the subject.

The Accounting Equation | The Ledger Accounting | Homeschool Edition

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WorldviewFaith-neutral
AgesAges 14–18
SubjectBusiness & Economics — Accounting
Resource typeSingle lesson
ApproachUnit study, Eclectic
Works forOne student, Co-op / group
Per session30–60 min
Days a weekFlexible
Total lengthOne week
Parent prepOpen-and-go
Who teachesParent-guided
ReuseReusable, some consumable pages
FormatPrintable PDF
RecordsIncludes assessments, Hour logging, Portfolio samples
Keywordsaccounting, the ledger, lesson, high school, homeschool accounting, equation