Guided Readings for Financial Accounting, Lesson 4.4 – Expert Level

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Suggestion: Pick out the five most essential elements of this chapter and then go to the end of Chapter Four and watch the video, “The Most Important Elements of Chapter Four.” This chapter contains a significant amount of important material. What did you believe were the key topics covered here? Think about it and make your selections. Evaluation is a key skill to develop in any learning experience.

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SUGGESTION: At the end of Chapter Four, you will find two video problems. The first concerns your roommate. The roommate’s parents own a small business. The roommate hears them talking about debits and credits and thinks they are speaking in a foreign language. The roommate wants a simple explanation. What would you say? I think it is a fun question. Click on this video and watch it all. You want to be able to make these kinds of explanations.

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“Fear, to a great extent, is born of a story we

tell ourselves, and so I chose to tell myself a

different story.”

Cheryl Strayed from her book Wild

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