Account Classification Sorting Game

Front

What are the five main types of accounts in accounting?

Back

Asset, Liability, Equity, Revenue, and Expense.

Front

What is the objective of the Account Classification Sorting Game?

Back

Students will correctly classify various accounts into the five main types and justify their choices.

Front

What materials are needed for the Account Classification Sorting Game?

Back

Account Cards, a chart or mat with labeled columns, and justification slips or answer sheets.

Front

How many account cards should each group receive?

Back

Each group should receive a shuffled set of 20-30 account cards.

Front

What must students do for each account card during the game?

Back

Students must write a brief explanation justifying why that account belongs to its category.

Front

Give an example of a justification for an account card.

Back

"Cash is an asset because it represents money owned by the business."

Front

What should groups do after 15-20 minutes of sorting the cards?

Back

Groups will rotate and review another group's work, leaving comments or questions.

Front

What is the final activity after the sorting and reviewing process?

Back

Wrap up with a class discussion to address common misconceptions.