Business+Studies+-+BAF3M

Unit 1: Introduction to Accounting
Activity One – What is accounting? Activity Two – GAAP’s and Forms of Ownership Activity Three – The Accounting Equation Activity Four – Ethics in Accounting Activity Five – Summative Assessment

**Unit 2: Balance Sheet and Transactions**
Activity One – The Balance Sheet Activity Two – Business Transactions Activity Three – Spreadsheets and Accounting Activity Four – Transaction Analysis Sheet Activity Five – Ledger, Trial Balance and T-Accounts Activity Six – Summative Evaluation

Unit 3: Income Statement Transactions
Activity One – Revenue, Drawing and Expenses Activity Two – Journal Activity Three – Income Statement Activity Four – Capital Section of a Classified Balance Sheet Activity Five – Introduction to Taxes (PST and GST) Activity Six – Posting Activity Seven – Summative Assessment

Unit 4: Worksheet, Adjusting and Closing Entries
Activity One – The Worksheet Activity Two – Adjusting Entries Activity Three – The Worksheet with Adjustments Activity Four – Classified Financial Statements Activity Five – Closing Entries and the Post-Closing Trial Balance Activity Six – Summative Assessment

Unit 5: Accounting Application Software
Activity One – Recording Entries in a General Journal Activity Two – Accounts Payable Ledger Activity Three – Accounts Receivable Ledger Activity Four – Creating a New Company

Unit 6: The Merchandise Business
Activity One – Basic Merchandise Accounting Concepts Activity Two – New Accounts and Journalizing Activity Three – The Worksheet - Periodic Activity Four – Financial Statements - Periodic Activity Five – Closing Entries - Periodic Activity Six – Introduction to the Perpetual Method Activity Seven – Accounting for the Perpetual Method Activity Eight – Summative Assessment

Unit 7: Internal Controls and Financial Analysis
Activity One – Internal Controls Activity Two – Cash Controls Activity Three – Budgeted and Audited Statements Activity Four – Decision Making Activity Five – Financial Analysis Activity Six – Summative Assessment

Unit 8: Careers and Current Issues in Accounting
Activity One – Accounting Careers Activity Two – Current Issues in Accounting

Unit 9: Culminating Activity
Activity One – Merchandising Business Simulation Activity Two – Accounting Exam