COLOR ACCOUNTING LEARNING SYSTEM

Teacher resources

Here you'll find tools and resources  to support you in the classroom.
Now that you've seen the complimentary resources

Why not join our community of accredited Color Accounting teachers
and get access to our premium content.

COLOR ACCOUNTING LEARNING SYSTEM

Let's Talk Accounting

Teacher companion
A digital guide to Let's Talk Accounting. that supports you in teaching the Color Accounting Learning System. 
  • Outlined learning outcomes
  • "How to" information and tips
  • Links to interactive activities
  • Instructions for activities and supporting materials
Classroom companion
The Let's Talk Accounting Classroom companion is a printed book that lays bare the simple logic and principles behind the Color Accounting Learning System for your students.
AVAILABLE NOW

Let's Talk Accounting

Accounting fundamentals
for successful living

The new classroom companion for the
Color Accounting Learning System.
Purchase your copies today!
Write your awesome label here.

Video clips

Quick refresher clips on the key Color Accounting Learning System topics.

15 Classic Transactions

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Jan 2:
Borrow money from lender – put into business bank account. 30,000
Write your awesome label here.
Jan 3: 
Owner contributes funds – put into business bank account. Not a loan. 20,000
Write your awesome label here.
Jan 4:
Repaid part of loan. 5,000
Write your awesome label here.
Jan 5:
Buy and install equipment. We pay immediately. 6,000
Write your awesome label here.
Jan 25:
Buy products to sell – put onto shelf. Supplier ZZZ gives us 60 days to pay. 10,000
Write your awesome label here.
a) Jan 30:
Our first sale, to Adam. And, they paid cash on the spot! Cash banked. 1,000

b) Jan 30:
Used some of our product inventory in sale to Adam. 250
Write your awesome label here.
Feb 5: 
Paid window cleaner in cash for cleaning display window today. Window looks great! 50
Write your awesome label here.
a) Feb 10: 
Another sale – Brian says assistant will come in and pay tomorrow. 2,000

b) Feb 10: 
Used some of our inventory in sale to Brian. 500
Write your awesome label here.
Feb 15:
Cate drops in and pays cash for a gift voucher as a present. Cash banked. 150
Write your awesome label here.
Feb 20:
Brian's assistant comes in and part-pays amount owing – cash banked. 800
Write your awesome label here.
Feb 25:
Paid for advertising campaign to run in March through May by bank wire transfer. 240
Write your awesome label here.
a) March 15: 
Dale buys some products and presents the gift voucher as payment. 100

b) March 15: 
Used some of our inventory in sale to Dale. 20
Write your awesome label here.
March 31:
Ace Co. cleaned the shop during March. We estimate the bill will be 170.
Write your awesome label here.
March 31:
Account for three month's equipment usage. We estimate it will last for 5 years with no resale value at the end.
Write your awesome label here.
March 31:
Account for advertising used up in the month.
Write your awesome label here.