Entrepreneurship — Lesson 507

What’s in the Books?

Poor recordkeeping adds up to lost money. This episode examines bookkeeping and accounting, income and expenses, and profit and loss. It gives tips on how to get over math anxiety. It’s all in the books!

What Students Learn

  • Learn why and how a business needs to keep track of income and expenses.
  • Discover the difference between bookkeeping and accounting.

Suggested Time

  • Preview and Episode Viewing: 45 minutes
  • Each Activity: 45-60 minutes
Middle School Lesson Plan High School Lesson Plan

BK Hosts: Math Anxiety

Clips for this Lesson

Revenge of the Bookkeeper episode
Sketch: Revenge of the Bookkeeper
America's Next Top Business Owner came to a show
Sketch: America’s Next Top Business Owner
Man talking on a meeting and a woman following
Sketch: Ad Men
Revenue, Expenses positively tied with a thread
Young Entrepreneur: Bikery
Two women are gossiping
BK Hosts: What’s in the Books?

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