Accounting
Accounting Worksheets and Lesson Plans
Classroom-ready lessons for teaching the fundamentals of accounting — the accounting equation, GAAP concepts, transaction analysis, the accounting process, and accrual accounting. Built for high school and introductory college courses.
About This Section
Accounting is the language of business. This section gathers MoneyInstructor accounting lessons that take students from the core ideas — what accounting is and the fundamental accounting equation — through the full accounting cycle: recording transactions, the accounting process, and accrual accounting.
The lessons suit high school business and accounting classes and introductory college courses. Each card shows the resource type and what’s included free vs. with a MoneyInstructor membership.
Featured Resources
Accounting lessons for the classroom
Printable lessons and worksheets from the MoneyInstructor accounting library — start with the foundations, then work through the accounting cycle.
Accounting Foundations
Profit and Loss Statement Generator
Make profit and loss (income statement) worksheets — students complete a three-month P&L (gross profit, operating income, earnings before taxes, net earnings) and answer questions on dollar/percentage change and margins, with a built-in answer key.
Full Members · Generator
What Is Accounting?
An introduction to accounting — what accountants do and why every business depends on it.
Grades 9–12 · Lesson + Worksheet · Free Lesson / Member Worksheet
The Paperwork of Business
The everyday forms of business — receipts, invoices, and records — and how to fill them out.
Grades 6–10 · Lesson + Activity · Free Lesson / Member Worksheet
Fundamental Concepts of Accounting
The key concepts behind GAAP — entity, going concern, cost, and the dual-aspect accounting equation.
Grades 11–12 / College · Lesson + Worksheet · Free Lesson / Member Worksheet
Introduction to Accounting
Accounting as the language of business — the three categories of information, GAAP/FASB, and financial statements.
Grades 11–12 / College · Lesson + worksheet · Free Lesson / Member WorksheetThe Accounting Cycle
Transaction Analysis
The accounting equation and the dual-entry system — how every transaction keeps the books in balance.
Grades 11–12 / College · Lesson + Worksheet · Free Lesson / Member Worksheet
The Accounting Process
Record keeping step by step — transactions, the chart of accounts, and tracking account balances.
Grades 11–12 / College · Lesson + Worksheet · Free Lesson / Member Worksheet
Accrual Accounting and Adjusting Entries
Revenue recognition, the matching principle, and the adjusting entries that accrual accounting requires.
Grades 11–12 / College · Lesson + Worksheet · Free Lesson / Member Worksheet
Income Statement & Balance Sheet
What each statement reports and how net income links the income statement to the balance sheet.
Grades 11–12 / College · Lesson + worksheet · Free Lesson / Member Worksheet
Depreciation
Fixed assets, useful life, and how to calculate straight-line depreciation and book value.
Grades 11–12 / College · Lesson + worksheet · Free Lesson / Member Worksheet
Closing the Books
How and why a business closes its temporary accounts at year-end, with the closing entries.
Grades 11–12 / College · Lesson + worked example · Free Lesson / Member Worksheet
Trial Balance & Statements
Prepare a trial balance and use it to build the income statement and balance sheet.
Grades 11–12 / College · Lesson + worked example · Free Lesson / Member WorksheetGrade Level Guide
Accounting resources by grade level
The paperwork of business — receipts, invoices, and keeping basic records.
What accounting is and why every business depends on accurate records.
The accounting equation, transaction analysis, and the chart of accounts.
GAAP concepts, accrual accounting, and adjusting entries for the full cycle.
These resources are part of the full MoneyInstructor library
Members get unlimited access to worksheets, lesson plans, and teacher resources across every financial literacy topic — accounting, entrepreneurship, economics, and more.
Related Topics
More financial literacy resources
Business Math
The arithmetic underneath the books — markup, interest, invoices and profit and loss, taught as applied math.
Entrepreneurship
Marketing, starting a business, production, and measuring profit.
Money Math
Percents, interest, profit, and the math behind business.
Career
Careers in business and accounting, and work readiness.