Unit 3 — Bookkeeping

Without competent bookkeepers, companies would be easy targets for fraud, employee theft, and other scandals. This unit expands on bookkeeping, the foundation of all business.

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Vocabulary Builder Activity

Students will learn the following key terms and phrases:

Asset Authorize Daybooks Double entry bookkeeping Ensure Expenditure Income Incorrect Liability Nominal code Post Return Single entry bookkeeping T-accounts
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Reading Activity: Bookkeeping

Improve your reading comprehension and vocabulary in context with our interactive reader.

Bookkeeping is the foundation of accounting and is just as, if not even more important than some of the more 'glamorous' accounting work. So why are bookkeepers seen as being less important to the success of an accounting department than accountants? Well to get the answer to this, it is important to understand what exactly bookkeeping is. Bookkeeping within a business is basically the recording…
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Reading Comprehension Quiz

Test your understanding of the reading material with a quick comprehension quiz.

Reading Comprehension
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Multiple Choice Activity

Students will be able to select the best match between unit terms and their definitions.

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Listening Comprehension Activity

Students will be able to listen to short audio clips in English and then spell them correctly.

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Spelling and Recognition

Students will be able to identify and spell a vocabulary term correctly given only the definition.

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Speaking Practice Activity

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You should remember that each T-account should balance. If it doesn't, there must be a mistake somewhere.
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As Bob wasn't very good at maths he used single entry bookkeeping to keep track of his daily transactions.
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When James had finished the clients' tax return he gave it to his supervisor to check before sending to the Inland Revenue.
... and more sentences to practice.
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Writing Practice Activity

Improve your formal and informal writing skills with guided essay questions and professional correction.

  • Have you ever done any bookkeeping?
  • Why do you think bookkeepers are not as respected as chartered / certified accountants?
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Writing Activity
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