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Nothin' But Net
A Manual Accounting Simulation for a Service-based Business


©2009
Format includes packet of manual accounting forms & worksheet, journal, general ledger, and instructions booklet.
Grades 9 and up
By Nancy deLisle
 



Your accounting students take charge of the
books for Nothin’ But Net, a service-based
business organized as a sole proprietorship!

This manual accounting simulation is a comprehensive project that allows your students to take charge of the accounting functions for Nothin’ But Net, an innovative business that provides Web site design services for internet-based businesses.

Students will perform the functions necessary to complete the accounting cycle reporting for a one-month period.

Features:

  • Students demonstrate their understanding of the accounting cycle procedures for a service-based business.

  • Requires students to perform beyond the mechanics of the accounting function.

  • Uses a six special column journal.

  • An excellent “Cycle 1” assessment tool.

  • Multi-class project.

  • Simulation kit includes all working papers and necessary forms.

  • An innovative “Analyze This” approach requires students to “think” about what their accounting practices mean to business cash flow.

  • Audit test (included in the Teacher’s Guide) requires students to demonstrate their understanding of their own work.

What's Included:
 
  • Sturdy Envelope for Packet Contents
  • Instructions & Transactions Booklet
  • Journal
  • General Ledger
  • Worksheet & Forms

Skills Covered:

  • Analyze Business Transactions
  • Source Documents
  • Record Transactions in a Journal
  • Proving the Journal Pages
  • Understanding of Business Forms Used (Journal, General Ledger, Proof Forms, Worksheet, Bank Reconciliation, Financial Statements)
  • Reconciliation of Bank Account
  • Establish & Replenish Petty Cash
    Posting to General Ledger Accounts
  • Preparing a Trial Balance
  • Adjustments
  • Profitability & Profit Margin
  • Completing the Worksheet
  • Preparing Financial Statements
  • Adjusting & Closing Entries
  • Completing the Closing Process
  • Component Percentages
  • Analyzing the Needs of the Business

Teacher's Guide Includes:
  • Solutions to the simulation
  • Instructions for Administering the simulation
  • Reproducible Audit Test
  • Reproducible "Analyze This" Test

 

Nothin' But Net Accounting Simulation

Item #

Description

ISBN

Price

Order Online

TB-NBN-SIM

Student Simulation Packet (Consumable)*

1-934422-18-5

$22.95 ea.

TB-NBN-TG Teacher’s Guide 1-934422-19-3 $39.95 ea.

*Min. order of 5 copies required
 

Copyright 2010. All Rights Reserved. B.E.Publishing Box 8558 Warwick, RI 02888
Toll-Free: 1-888-781-6921 Fax: 401-781-7608
Member: (NBEA) National Business Education Association · ISTE (International Society for Technology Education)