4-Week Unit Plan
Time Essential Questions
frame
Week Day 1-2: What is
1-4 accounting?
Day 3-5: How does the
game of Monopoly teach
us accounting?
Day 6-7: How do we move
from account recording to
data entry?
Day 8-11: How does data
entry and account
recording relate?
Day 12-15: What is
something isnt right? in a general journal.
Day 16-17: What do these
each account represent?
Day 18-19: How do you
reconcile differences
between books?
Day 20: Would you play
different if real money was
used instead?
Idaho Content Standards
ICS.1.3.1. Apply analytical
and critical decisionmaking
skills.
ICS.2.1.1. Discuss the nature
of the accounting cycle.
ICS.2.1.3. Prepare a chart of
accounts.
ICS.2.1.4. Use T accounts.
ICS.2.1.5. Explain a variety of
source documents.
ICS.2.1.6. Record transactions
ICS.2.1.7. Post journal entries
to general ledger accounts.
ICS.2.1.8. Prepare a trial
balance.
ICS.2.1.9. Calculate,
journalize, and post adjusting
entries.
ICS.2.1.10. Calculate,
journalize, and post closing
entries.
ICS.2.1.11. Prepare a post
closing trial balance.
Essential Skills/Concepts to
be targeted
1. Decision Making
accounting and how
2. Accounting Cycle
3. Account Charts
4. T-accounts
5. General Journal
6. General Ledger
7. Trial Balance
8. Calculating and Finding
Balances
vocabulary and skills needed to
9. Adjusting accounts
10. Balance Sheet
11. Bank Reconciliation
11. Income Statement
might want to come and share
Instructional Strategies and
Activities
1. Introduce the class to
evaluated of prior
accounting is tied to virtually
everything we do.
2. Provide students with
account handout and have
them update, and record and
take notes as they play through
15-20 turns of monopoly.
3. Collaborate with the class
through a guided discussion
and introduction into the
different types of accounts and
forms. Ensuring they know the
throughout the entire
successfully.
4. Have students work through
transposing their own records
into the appropriate accounts.
5. Class tour of a bank and
credit union. Discuss the
differences and similarities
between the two
6. Bring in experts in the field
that use these in their work.
Send home a note or email
parents asking if any parents
their experiences or
Formative and
Summative
Assessments
1. Students will be
accounting knowledge
through a short answer
test.
2. Vocabulary handouts
and worksheets will be
used to evaluate and
quizzed on during the
lessons to evaluate
comprehension and
appropriate recording
3. Informal assessments
will be conducted
learning process.
4. A section assessment
will be used to evaluate
understanding after the
completion of each
section.
5. A Content test will be
used to evaluate and
assess students
understanding of the
content learned over
the 4-week unit.
ICS.2.1.12. Prepare work
sheets.
ICS.2.1.14. Classify items as
assets, liabilities, and owners
equity.
ICS.2.1.15. Examine
documents for fundamental
error detection.
ICS.2.1.16. Prepare a bank
reconciliation
ICS.2.3.1. Prepare balance
sheets.
ICS.2.3.1. Prepare income
statements.
applications of this knowledge
to the class.
7. Class/small group
collaboration in which students
will be asked a series of
questions and asked to review
and assess their understanding
after showing video of
monopoly played with real
money.