T-Account Creation: Alex's Auto Detailing

Activity Description

In this interactive accounting worksheet, students will work with 12 transactions from Alex's Auto Detailing business. Their task is to create T-accounts for the 11 accounts involved in these transactions, accurately showing how each account is debited or credited.

Learning Objectives:

• Students will learn how to set up and use T-accounts to track the financial impact of business transactions.
• They will understand the relationship between debits and credits for different types of accounts.
• Students will see how T-accounts are helpful in real-world scenarios.

Key Features:

• Randomization: Each student will receive a unique set of transaction amounts, ensuring that every student creates different T-accounts. This prevents copying and encourages independent learning.
• Auto-Grading: The worksheet is automatically graded upon completion, providing students with immediate feedback on their work.

This activity ensures that each student has a personalized experience, making it a highly effective and engaging way to build accounting skills.

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