Part of Lesson Plan: How is an Income Statement Like a Water in a Tub?

Activity Overview / Details

The instructor states “ Think about this…Let’s look at this tub on the overhead.  How is water in the tub similar to an Income Statement  in accounting?”

Turn on the computer projector and show the attached photo of a tub.

See attached photo of tub.

Take 5-6 minutes to allow students to reflect on this question.