Silver Creek AOFSilver Creek AOFpresentspresents

Monopoly® AccountingMonopoly® Accounting

Monopoly® Basics

• $1500 to Start• Roll Dice• Buy Properties• Pay Rent• Pass Go!• Pay Taxes• Go to Jail

Trial BalanceThe Accounting Cycle

7.) Post-closing Trial Balance

6.) Post-closing Journal Entries

5.) Financial Statements

4.) Trial Balance

3.) Ledger

2.) Journal

1.) Source Documents

Journalizing Transactions

Journal Entries

General Ledger

Trial BalanceTrial Balance

Trial BalanceFinancial Statements

Trial BalanceThe Accounting Cycle

7.) Post-closing Trial Balance

6.) Post-closing Journal Entries

5.) Financial Statements

4.) Trial Balance

3.) Ledger

2.) Journal

1.) Source Documents

Trial BalanceAccounting Fair