Wednesday, March 11, 2015

Monopoly Week

This week in business we started learning about Accounting which at first I did not seem like it would be interesting but it is more interesting then I thought it would be just a lot of work.  So Monday we took notes on accounting and learned some of the things we need to do to be successful in accounting.  We learned the equation, assets = liabilities + owner's equity and how to balance it.  The balancing part was very easy, just some simple math.  Then we learned about the ways to record every transaction which was a little confusing at first but it is easier now, however, there is a lot to remember to write down.  We did a worksheet on that to teach us how to record the information and by the end of the class we were playing monopoly.  Well my group never really started that day because we could not figure the money situation at all and then we only had one die when we should have had two.  Then on Wednesday we played monopoly the whole class and it got so chaotic because I was constantly writing transactions down.  When I would be buying a piece of property someone else would be landing on my other property and have to pay me so I would have to write a lot at one, I got through two whole pages of transactions.  I like playing monopoly in class because one, it is a game and two, it is really laid back you just have to remember to write down every time you get money or lose money.  Also, it seems like Danielle's group is doing really well with their sales for the week, so that's good!  I bought a donut from them today and it was really good!  I think that they are going to be very successful, good luck!

2 comments:

  1. Yea I agree the monopoly game was pretty hectic.

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  2. I definitely fall into the "hate accounting" category.

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