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Title: Accounting Ch 4. Posting to a Ledger 4.

.1 Preparing a Chart of Accounts Description (1-2 sentences): So far students have learned basic accounting transactions and how to post those to a journal. Now we will post those transactions into ledgers to better organize individual accounts and view their balances from a single location. Subject: Accounting- Preparing a chart of accounts Instruction time: 20-30 mins (class period is a block day 1.25 hours) Students level by grade: 10-12 Standard(s) to be addressed:

Benchmark: Analyze, journalize, and post business transactions. Prepare chart of accounts. Post transactions from a journal to ledger accounts and recalculate the balance.
Enduring Understandings/Essential Questions targeted in this lesson (for units created using the Understanding By Design framework only): Why post to a ledger? Why create a chart of accounts? What benefits does a chart of accounts provide a proprietor and their cohorts?

Learning Objectives for this lesson (Written using verbs from Blooms Taxonomy): SWBAT: Define accounting terms related to posting from a journal to a general ledger Identify accounting practices related to posting from a journal to a general ledger Prepare a chart of accounts for a service business organized as a proprietorship.

Identified student needs and plans for differentiation: I will print off a list of key words prepared in Cornell notes format for all accounting students and give extra assistance to students who need the supplemental instruction and help. I will provide more time and individual instruction to students who need more verbal instruction or slower pacing. I will also use more scaffolding and questioning to prompt these students toward correct answers.

Specific resources needed for this lesson: Paper, Pencil, Cornell Notes hand out, Textbook, Internet w/ Aplia, Projector, ELMO document camera

Instructional method(s) used in this lesson: Direct instruction, literacy modeling, note-taking, scaffolding, guided practice, partner sharing, whole class dialogue, questioning

Lesson Sequence: Hook (How will you get students excited about learning/Introduce students to your objectives?) Now that we have been journalizing transactions of accounts in chronological order, can you think of anything else or other strategies/items that could be useful for a business owner or accountant of a small business? Direct instruction/Modeling Hand out Cornell Notes print out. Explain how to use the notes. Pair students up with Bookmark Partner #3. Give them 20-30 minutes to exam the chapter and define the key words. They will also be required to do the 3-2-1-1 at the end and synthesize the first section in their own words (3-5 sentences). Guided practice Walk through chapter 4.1 and discuss key elements using the ELMO. Do 4.1 Work Together and OYO Independent practice 4.1 Application Check(s) for understanding and scaffolding of student learning 4.1 application, Cornell Notes w/ 3-2-1-1 Assessment of/for learning Informal questioning and observation. I will ask students to share with me various terms and concepts from 4.1 individually and in small groups. Closure of the lesson 3-2-1-1 Bridge to next lesson Next lesson will be posting to a general ledger after we have set up the chart of accounts.

How will you modify or adjust this lesson in the future? After delivering this lesson, I realized 42 minutes might not be enough time to get through the 4.1 application on Aplia. I think spending the extra time on key terms and concepts is crucial for accounting students, as it is a new language to new accounting learners. The 3-2-1-1 is a good way to think about the information once more before the period finishes. I will plan for the next class to visit Ch 4-1 material again, discussing the chart of accounts and when we will use those. Then students will complete the Ch 4-1 application assignment. At the end of the period, I will start Ch 4-2, posting journal general debit and credit journal transactions to the ledger.

CORNELL NOTES Ch. 4 Key Words Balance ruledAccount Form Ledger General Ledger Account Number Chart of Accounts (Define) Assets How are they listed in a chart of accounts? (Define) Liabilities (Define) Owners Equity How are expenses Listed in the chart of Accounts? File Maintenance Opening an account Posting (4.2)

Definition of key word in own words

ON THE BACK OF THIS PAPER INCLUDE 3-2-1-1 - 3 Things you learned 2 things unsure about or 2 questions - 1 sentence summarizing this chapter 1 goal you have for this fall