Scribd Logo
Upload

Welcome to Scribd!

  • 604 views

    Depreciation Lesson Plan

    Uploaded by

    FlyEngineer
    This lesson introduces accounting students to depreciating plant assets over multiple accounting periods. Students will learn to identify plant assets, explain the need to depreciate them, calculate annual and partial-year depreciation, determine book value, and record depreciation entries. They will practice establishing and replenishing a petty cash fund using vouchers, registers, and reconciliations in Excel.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd

    Depreciation Lesson Plan

    Uploaded by

    FlyEngineer
    604 views4 pages
    This lesson introduces accounting students to depreciating plant assets over multiple accounting periods. Students will learn to identify plant assets, explain the need to depreciate them, calculate annual and partial-year depreciation, determine book value, and record depreciation entries. They will practice establishing and replenishing a petty cash fund using vouchers, registers, and reconciliations in Excel.

    Original Description:

    Real World Application of Concept.

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    DOC, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This lesson introduces accounting students to depreciating plant assets over multiple accounting periods. Students will learn to identify plant assets, explain the need to depreciate them, calculate annual and partial-year depreciation, determine book value, and record depreciation entries. They will practice establishing and replenishing a petty cash fund using vouchers, registers, and reconciliations in Excel.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    604 views4 pages

    Depreciation Lesson Plan

    Uploaded by

    FlyEngineer
    This lesson introduces accounting students to depreciating plant assets over multiple accounting periods. Students will learn to identify plant assets, explain the need to depreciate them, calculate annual and partial-year depreciation, determine book value, and record depreciation entries. They will practice establishing and replenishing a petty cash fund using vouchers, registers, and reconciliations in Excel.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    You are on page 1of 4

    PLANT ASSETS AND DEPRECIATION THS ROOM 8 UNIT LESSON PLAN Mr.

    Hartung, Teacher

    Course Name "ra#e Content Area Ac+u!s!t!on Le,e) Est!mate# Sess!ons

    Account!ng I $%&$' De(rec!at!on, ")encoe Account!ng, Cha(ter '* ESL to Ear)- A#,ance# 8 . /0 m!nutes1sess!on

    LESSON O2ER2IE3
    Th!s )esson !ntro#uces account!ng stu#ents to account!ng 4or assets use# !n more than one account!ng (er!o#. P)ant assets are somet!mes ca))e# )ong&)!,e# assets 5ecause the!r use4u) )!4e !s more than one -ear.

    CONTENT O67ECTI2ES8WHAT YOU WILL LEARN:


    I#ent!4- ()an assets E9()a!n the nee# to #e(rec!ate ()ant assets Ca)cu)ate annua) #e(rec!at!on o4 ()ant assets Ca)cu)ate (art!a)&-ear #e(rec!at!on o4 ()ant assets Determ!ne the 5oo: ,a)ue o4 a ()ant asset Recor# #e(rec!at!on o4 ()ant assets Use E9ce) to (re(are #e(rec!at!on sche#u)es

    LAN"UA"E O67ECTI2ES
    Stu#ents ;!)) 5u!)# u(on (re,!ous content ,oca5u)ar- an# a(()- account!ng :no;)e#ge1ru)es to the content o5<ect!,es us!ng E9ce). Stu#ents shou)# (re(are to )earn an# s(e)) the 4o))o;!ng Accumu)ate# #e(rec!at!on 6oo: ,a)ue $

    PLANT ASSETS AND DEPRECIATION De(rec!at!on D!s(osa) ,a)ue P)ant assets Stra!ght&)!ne #e(rec!at!on Pett- Cash Re+u!s!t!on

    RESOURCES
    6u!)# E9ce) ;or:5oo: that !nc)u#es a genera) <ourna), ()ant asset recor#, #e(rec!at!on sche#u)e. 2oca5u)ar- )!st!ng ;!th #e4!n!t!ons an# #!scuss!on.

    INTO
    Com()ete a stu#ent note gu!#e 4rom the 4o))o;!ng !n4ormat!on. 6us!nesses o;n man- #!44erent t-(es o4 assets. One categor- o4 asset re+u!res s(ec!a) treatment I the account!ng recor#s. These are assets that are e9(ecte# to (ro#uce 5ene4!ts 4or the 5us!ness 4or more than one -ear. The- are (urchase# 4or use !n o(erat!ng the 5us!ness, not 4or resa)e. Re,!e; current an# ()ant assets to #!st!ngu!sh )ong&)!,e# assets. Current assets !nc)u#e cash, accounts rece!,a5)e, an# merchan#!se 4or sa)e. P)ant assets !nc)u#e )an#, 5u!)#!ngs, #e)!,er- e+u!(ment store e+u!(ment, an# o44!ce e+u!(ment. 6ecause ()ant assets are use# o,er se,era) account!ng (er!o#s, the cost o4 these assets !s s(rea# o,er, or a))ocate# to, the (er!o#s !n ;h!ch the asset ;!)) 5e use# to (ro#uce re,enue. The (rocess o4 #o!ng th!s !s ca))e# #e(rec!at!on. Lan# !s not #e(rec!ate# 5ecause !t !s cons!#ere# to ha,e un)!m!te# )!4e. It !s !m(ortant to :no; that #e(rec!at!on !s an est!mate. It !s #!44!cu)t to (re#!ct the e9act use4u) )!4e or the #!s(osa) ,a)ue o4 an asset. "o to !rs.go, an# go through the #e(rec!at!on o,er,!e;. =our 4actors are use# to ca)cu)ate #e(rec!at!on o4 a ()ant asset !ts cost, !ts est!mate# use4u) )!4e, !ts est!mate# #!s(osa) ,a)ue, the #e(rec!at!on metho# use#. The cost o4 a ()ant asset !s the (r!ce the 5us!ness (a!# to (urchase# !t ()us an- sa)es ta9, #e)!,er- charges, an# !nsta))at!on charges. The est!mate# use4u) )!4e o4 a ()ant asset !s the num5er o4 -ears !t !s e9(ecte# to 5e use# 5e4ore !t ;ears out, 5ecomes out#ate#, or !s no )onger nee#e# 5- the 5us!ness. The #!s(osa) ,a)ue !s the est!mate# amount that the asset ;!)) 5e ;orth at the t!me o4 !ts re()acement. '

    PLANT ASSETS AND DEPRECIATION 6u!)# an E9ce) ;or:sheet to com()ete (ro5)em '*&$ on (age >?*.

    THROU"H

    Create E9ce) ;or:5oo: cons!st!ng o4 a (ett- cash reg!ster, genera) <ourna), (ett- cash reconc!)!at!on, an# mu)t!()e (ett- cash ,ouchers8$0 tota) ,ouchers. Stu#ents ;!)) com()ete th!s through gu!#e# (ract!ce an# !n#e(en#ent ;or:. A teacher&(ro,!#e# tem()ate !s (ro,!#e# an# #emonstrate#. Sa,e the ;or:5oo: as Petty Cash Fund Workbook Template "u!#e# Pract!ce Com()ete 6us!ness Transact!on, Page >/?, 4or esta5)!sh!ng a Pett- Cash =un# us!ng the E9ce) ;or:5oo:. Stu#ents ;!)) rename the E9ce) tem()ate Petty Cash Practice Transactions. E,a)uat!on through teacher re,!e; o4 on&screen #ocuments. 3hene,er a (ett- cash (a-ment !s ma#e, a (ett- cash ,oucher !s com()ete# an# ser,es as (roo4 o4 (a-ment. "u!#e# Pract!ce C)ass ass!gns Pett- Cash!er, chec: !s ;r!tten, amount ()ace# !n PettCash 6o9. Each stu#ent com()etes a ,oucher 4or an- amount not to e9cee# @0.%%. Ass!gn each stu#ent a ,oucher num5er. Choose an- (ro#uct re)ate# to su(()!es, #e)!,er, m!sc, or genera). 2ouchers su5m!tte# to Cash!er. Cash!er g!,es mone- to the stu#ents. Ha,e stu#ent ,o)unteers come 4or;ar# to com()ete the PC Reg!ster on c)ass com(uter ;h!)e stu#ents com()ete reg!ster at the!r com(uter. 2er!4- tota)s an# e+ua)!t- at 5ottom o4 reg!ster. A)) stu#ents com(are tota)s an# sho; to teacher. Reconc!)e the cash 4un# us!ng the E9ce) tem()ate. Re4er to (age >/A an# to the E9ce) tem()ate 4or gu!#ance. Com()ete the E9ce) Pett- Cash Re+u!s!t!on us!ng the !n4ormat!on 4rom the reg!ster. Ma:e <ourna) entr!es us!ng the re+u!s!t!on as source #ocument. Re4er to Reconc!)!at!on 4or an- Cash Short B O,er. 3r!te a chec: to re()en!sh the Pett- Cash =un#. "u!#e# Pract!ce Pract!ce us!ng the ,ouchers an# reconc!)!at!on as sho;n on (age >/A. Ma:e a#<ustments as re+u!re#. E,a)uat!on through teacher re,!e; o4 on&screen #ocuments. "u!#e# Pract!ce Re4er to the (ett- cash re+u!s!t!on on (age >0%. Enter these amounts !n the E9ce) ;or:sheet Petty Cash Practice Transactions. A (ett- cash reg!ster !s a su(()ementa) recor# that summar!Ces the t-(es o4 (ett- cash #!s5ursements. It !s not an account!ng <ourna).

    PLANT ASSETS AND DEPRECIATION "u!#e# Pract!ce Re4er to the (ett- cash reg!ster on (age >0$. Enter these amounts !nto the E9ce) ;or:sheet Petty Cash Practice Transactions. 2er!4- that co)umn tota)s a## (ro(er)-.

    In#e(en#ent Pract!ce Pro5)em ''&0, (age >>%D Esta5)!sh!ng an# Re()en!sh!ng a PettCash =un#. Sa,e 3or:5oo: as Pro5)em ''&0. Sho; com()ete# #ocuments to teacher. In#e(en#ent Pract!ce Pro5)em ''&>, (age >>$D Esta5)!sh!ng an# Re()en!sh!ng a PettCash =un#. Sa,e ;or:5oo: as Pro5)em ''&>. At ste( *, use the E9ce) Pett- Cash Reg!ster. A## Ste( /.0 to com()ete a Pett- Cash Reconc!)!at!on us!ng E9ce) #oc. Sho; com()ete# #ocuments to teacher. In#e(en#ent Pract!ce Pro5)em ''&?, (age >>'D Us!ng a Pett- Cash Reg!ster.

    6EEOND
    Com()ete Chec: Eour Un#erstan#!ng, (age >08D *, /, 0, > B ?. Pract!ce #e4!n!ng an# s(e))!ng content ,oca5u)ar-. Re4er to han#out an# notes 4rom Da- *. Fu!C, Us!ng a Change =un# an# E9ce) a(()!cat!ons. S(e))!ng test. Cr!t!ca) Th!n:!ng, (age >>>D $, *, B /. 3r!t!ng Su((ort B Matter o4 Eth!cs, (age >>>D 6orro;!ng 4rom the Pett- Cash =un#. C'' Pett- Cash E9am.

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy