Unit 6: The Accounting Equation

Accountant counting on an abacus
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Basic activities (computer-graded)
Vocabulary Activity

Students should be familiar with the following vocabulary before continuing on to the activities and exercises.

Reading: The Accounting Equation

Assets = Liabilities + Owner's Equity + Revenue - Expenses - Draws. This unit discusses the vitally important accounting equation.

Multiple Choice
Pick the correct answer from a list.
Listening Activity
Listening Comprehension
Listen to the word and type it in.
Spelling Activity
Spelling and Recognition
Type in the correct answer for each definition.
Advanced activities (teacher-graded)
Speaking Activity
Record yourself speaking English.
Writing Activity
Writing Activity
Pick a question and write about it.