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Accounting -- Journalizing Transactions

Curriculum Tie:

Time Frame:
2 class periods that run 90 minutes each.


Introduction of a 5 column journal for a proprietorship set up as service business and how to record transactions in a 5 column journal. Introduction of source documents and their importance when recording a transaction in a journal. Journalizing each of the transactions discussed so far in a 5 column journal in the appropriate columns (general or special columns) for the following transactions discussed so far: receiving cash from the owner of a proprietorship as an investment, paying cash for supplies, paying cash for insurance, buying supplies on account, paying cash on account, receiving cash from sales, paying cash for an expense, paying cash to an owner of a proprietorship for personal use.

Main Curriculum Tie:
Accounting I
Strand 4 Standard 1:

Use source documents to analyze business transactions.

Career Connections:

  • Accounting

Teacher Outline With Answers. Student Outline. Online Vocabulary Activities. Online Chapter Quiz. Chapter Rubric.


Web Sites

Background For Teachers:
Students learn how to journalize the transactions that affect the owner's equity of a proprietorship into a 5 column journal.

Intended Learning Outcomes:
An introduction, review games and quiz for journalizing business transactions for a proprietorship into a 5 column journal.

Instructional Procedures:
Print out the Teacher Outline with Answers. Print out the Student Outline. Handout the Student Outline. Introduce the chapter information to the students, having he students following along by filling in the student outline. Have the students complete the online activities and quiz.

Strategies For Diverse Learners:
Online activities.

Assessment Plan:
Chapter rubric. All students will turn in their chapter outline and play the various online games for students to review vocabulary. Online chapter quiz.

Century 21 Accounting South Western Publishing 6th edition, 1995.

Nicole Reitz-Larsen

Created Date :
Oct 13 2004 13:47 PM