Day 3: Free Enterprise System

The World of Business

Answer these questions:

1. What is a Free Enterprise System?
2. What are the advantages of a Free Enterprise System?
3. Why do businesses go into business?

Continue working on your business project Activity One only for now.
- if you think you're done, keep working on making it better and more complete.

Day 2: Project Introduction

Project Based Learning (Organized Chaos)

Activity One:

• Pretend you are going to start a business
• Come up with a list of everything you need and come up with a way to describe what you came up with.
• You may work individually (as a sole-proprietor) or in a partnership (4 partners max).

Questions:

1. What do you need to start your business?
2. What type of business is it?
3. Why did you choose this type of business?
4. What form of ownership did you choose?
5. Why did you choose this form of ownership
6. Why did you start this business?
7. How will you know if you are successful?

- if you think you're done, keep working on making it better and more complete.

Business Project Activities  

Day 1: Introduction

Watch This Video

Day 1 Classroom Policies

1. Be Present
2. Be Punctual
3. Be Prepared to learn with fully charged chromebook, pens, pencils, and paper
4. Be Productive (don't wander the Internet or use your phone)
5. Be Polite
6. Be Positive

No Food = No Ants

No Music = Better Learning

Coaster = No Water Rings

No Phones = No Distractions

Sit in the Front = I want to learn and be successful

Sit in the Back = I want to pass or I don't care

02.03 Review - Posting Journal Entries

Video Lectures

• Posting Transactions (4:48)

Review Questions:

• 02.03 Posting Journal Entries Concepts

02.02 Review - Recording Journal Entries

Video Lectures

• Journalizing Transactions (4:59)

Review Questions:

• 02.02 Journalizing Transactions Concepts

02.01 Review - Analyzing Transactions

Video Lectures

• Analyze Transactions (4:49)

Review Questions:

• 02.01 Analyzing Transactions Concepts

01.03 Review - Accounting Basics

• Video Lectures
  • Financial Statements (4:55)
  • Rules of Debit and Credit (2:54)
  • More on Debits and Credits(2:27)
• Review Questions:
  • 01.03 Accounting Basics