12.

A) At the end of the lesson, the students will be able to acquire knowledge of the accounts and
understanding their nature to be able them to journalize transactions.

12. B) At the end of the lesson, the students will be able to understand the nature of accounts with an
open mind to be able them to journalize transactions.

12. C) At the end of the lesson, the students will be able to write and journalize the transactions.

13. A) At the end of the lesson, the students will be able to evaluate the importance of general ledger
and posting journal entries.

13. B) At the end of the lesson, the students will be able to understand the importance of general ledger
and posting journal entries.

13. C) At the end of the lesson, the students will be able to write and post the journal entries.

14. A) At the end of the lesson, the students will be able to explain how to adjust the entries.

14. B) At the end of the lesson, the students will be able to understand the importance of adjusting the
entries.

14. C) At the end of the lesson, the students will be able to perform adjusting entries.

15. A) At the end of the lesson, the students will be able to explain every set of financial statements.

15. B) At the end of the lesson, the students will be able to understand the accounts in financial
statements.

15. C) At the end of the lesson, the students will be able to write the differences of the financial
statements.

16. A) At the end of the lesson, the students will be able to acquire knowledge about the accounting
standards.

16. B) At the end of the lesson, the students will be able to identify the accounting standards applicable
to the transactions.

16. C) At the end of the lesson, the students will be able to write and distinguish the accounting
standards.