Intro to Level 1 Accounting

Accounting is the...

Who could the decision maker be?

• Miss Commons

• Business owner

• Manager

• Gary

My teacher's name is...

• Mrs Commons

• Miss Commons

• Miss Simmons

• Ms Collins

To be at accounting you need to be...

• Good at maths

• Good at english

• A person

• In this class

If I brought a property for $100 what would I change on my monopoly sheet?

• My cash + $100

  My properties - $100

• My cash - $100

  My properties + $100

• My cash + $100

  My income - $100

• My properties + $100

  My expenses - $100

If I land on someone else's property and have to pay them rent of $10 how do I record that?

• My cash - $10

  My expenses + $10

• My cash + $10

  My income + $10

• My cash - $10

  My property + $10

• My expenses + $10

  My income - $10