Carol L. Cook
Advantages and Disadvantages of Manual Accounting
Objective The students will be able to:.
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1. Identify the advantages of doing manual Accounting
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2. Identify the disadvantages of doing manual Accounting
Material needed Ledgers, Cash journal, Accounts Receivable, Accounts Payable, worksheets, Income statements, Balance Sheets, billing machine, accounting machine example
Vocabulary As already learned in Accounting I
Brainstorming Questions
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1. What is the regular Accounting cycle
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2. What is the advantage of doing Accounting manually
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3. What is the disadvantage of doing Accounting manually
Procedure
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1. Bring in an Accountant (speaker) from the enclosed list of speakers. Have him discuss the advantages and disadvantages that businesses find in using manual accounting
Related Activity
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1. Have students do Accounting procedures using the entire Accounting cycle in a manual fashion
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2. List the advantages and disadvantages he/she finds in doing the project manually
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3. Have class discuss their findings
