Part of Lesson Plan: Debits, Credits and T Accounts, Oh My!
Activity Overview / Details
After video and first discussion about adding numbers and handwriting, the vocabulary from the Power Point should be introduced. Many students will have their own concepts of what many of the words mean. As a short group activity, have students (without the use of their textbooks or dictionaries) brainstorm (5 minutes or less) a definition for each of the vocabulary words. Have groups quickly put their definitions on the board to share with the class.
After groups have placed their definitions on the board, share with them the actual definition of each word and explain the significance/difference for accounting (the biggest ones will most likely be debit and credit). The attached Word document will explain the definitions.
Materials / Resource
- Vocabulary for Debits.docx [ Download ] vocab document