Looking for a simplified way to teach your high school students about income statements? This activity is the perfect addition to your financial statements unit. This product provides 3 basic business scenarios and 3 simple income statements for students to complete with the information provided. Make accounting fun with the fictional t-shirt business scenarios!
Included in this PDF:
-Print one set of Income Statement Scenarios for each group.
-Print on colored paper and laminate for a long-lasting product.
-Print a copy of the Income Statement Practice Worksheet for each student.
-Model the Bananas for T-Shirts scenario with the class.
-Have students work in groups to complete the Home Run T-Shirts and The T-Shirt Crew scenarios.
-Close with a discussion on correct answers.
***Please note that all numbers in this product are made up and not based on a real business.
Save $$$ by purchasing this activity as part of the Intro to Accounting (Accounting Equation + Financial Statements) Bundle.
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