Accounting books must show income
– the money coming into a
Both the computer company and the mechanic
need to make a profit
a little extra money beyond
Accounting books must show expenses
– money going out of the business.
A dash (a little line) is often used in English
sentences to give a definition of a word. In the above
sentences, income means money coming into a business; profit
means extra money beyond the costs; and expenses means the money
going out of the business.
A. Complete the sentences using the
boxes below. Use a hyphen, followed by a definition, like the
think I want to be a bookkeeper
2. Accounting is a
3. Peter asked the
electric company to check his account
detective found out that the gangster was “cooking”* his
*cooking means making false entries
money made by a company, may not be the same as a balance
B. A sentence is a
complete idea that begins with a capital letter (A) and ends with a
period (.). The following paragraph has complete sentences, but the
capital letters and periods are missing. Add the capitals and
periods. Make sure the sentences are a complete idea that makes
There are many
bookkeeping and accounting jobs bookkeeping is the simpler job an
accountant supervises the bookkeeper's work and advises the company
he may suggest changes in the way records are kept he may give tax
advise he may help the company figure out ways to cut losses and
increase profits people who like math and who like careful work do
well in accounting is accounting for you?
CLICK HERE to see the corrected paragraph.
budget is a simple plan for tracking your income and expenses.
The project for this unit is making a budget. You may want to
do the project first. Writing your composition will be easier
after that. Go to Project ->
Write a composition
explaining a plan to keep track of your income and your expenses.
Be sure to include the things you need to keep handy (receipts, bills,
etc..) to figure out expenses. Explain each step in your how
you track your money. Details, like examples, help explain, so use
them when you can
Sign and date
your writing, and place it in your portfolio for your facilitator.