Grade 10 Accounting focuses on an accounting system for a service business. Each chapter focuses on one step of the system from the opening entry to closing the fiscal period and starting over again for the next period. There is also a lesson on GAAPs.
Accounting covers accounting principles and practices, the complete accounting cycle and creation of financial reports. Use of the general journal and special journals, general ledger, accounts payable, accounts receivable and proper financial reporting.This course provides instruction in the basic accounting procedures used to operate a business including sole proprietorship, partnerships, and corporations. The accounting procedures presented will also serve as a sound background for employment in office jobs and preparation for further education and training. The complete accounting cycle is covered, students learn how to us generally accepted accounting principles to prepare, analyze, verify financial transactions, reports and economic information to make decisions for organizations.The course trains students in the basics of manual and computerized accounting. Students learn accounting topics including ethics, accounting principles, computing accounting, accounting terminology, job specific accounting, and clerical duties related to accounting. Students also gain real-world applications in income tax, personal finance, and stock market.
This 5-minute video lesson gives a simple example of accrual accounting. [Core Finance playlist: Lesson 106 of 184]
This 3-minute video lesson explains the basics of arbitrage. [Core Finance playlist: Lesson 82 of 184]
This 4-minute video lesson looks at the relationship between balance sheets and income statements. [Core Finance playlist: Lesson 108 of 184]
This 3-minute video lesson explains basic shorting. [Core Finance playlist: Lesson 71 of 184]
This 4-minute video lesson provides a simple example of cash accounting. [Core Finance playlist: Lesson 105 of 184]
This 4-minute video lesson compares accrual and cash accounting. [Core Finance playlist: Lesson 107 of 184]
This 4-minute video lesson provides an introduction to accounts payable. [Core Finance playlist: Lesson 110 of 184]
This 8-minute video lesson provides more discussion of simple and compound interest. [Core Finance playlist: Lesson 2 of 184]
This 10-minute video lesson looks at what interest is. It compares simple versus compound interest. It is the first video in Kahn Core Finance playlist. [Core Finance playlist: Lesson 1 of 184]
This 10-minute video lesson provides an introduction to the treasury yield curve. [Core Finance playlist: Lesson 32 of 184]
This 9-minute video lesson uses the Rule of 72 to approximate how long it will take for an investment to double at a given interest rate. [Core Finance playlist: Lesson 52 of 184]
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"In our last lesson, we will learn how to prepare and present the income statement, the statement of changes in equity, and the balance sheet."
"In this lesson, we cover a lot of accounting practices and principles including: accrual accounting, depreciation, accrued liabilities, contra accounts, revenue recognition, capital transaction etc.
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"In this lesson, we look at creating a trial balance using an Excel spreadsheet. Most students I work with get mixed up on this step, so I provide a fool-proof approach to keeping the debits and credits straight."
"The ultimate video for new accounting students to learn basic accounting principles and accounting mechanics. This video assumes you know NOTHING and by the end of it, has you reading fortune 500 company financial statements.
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PowerPlay Young Entrepreneurs is a highly engaging program that is designed for classrooms ranging from grades 4 to 8. Students have fun exploring their passions, talents and interests as they plan and carry out their own business ventures. They make real products, earn real money and donate a portion of their profits to charity.For more information about the program, visit powerplayforsuccess.com.
PowerPlay Young Entrepreneurs is a highly engaging program that is designed for classrooms ranging from grades 4 to 8. Students have fun exploring their passions, talents and interests as they plan and carry out their own business ventures. They make real products, earn real money and donate a portion of their profits to charity.For more information about the program, visit powerplayforsuccess.com.