The Basic Accounting Terms class for 11th grade introduces students to fundamental concepts and principles in accounting. It provides a comprehensive overview of key terminologies used in financial accounting, including assets, liabilities, equity, revenue, expenses, and more. Students learn how to classify and record financial transactions accurately, understand the concept of double-entry bookkeeping, and create basic financial statements such as the balance sheet and income statement. This course equips students with a strong foundation in accounting principles, enabling them to analyze and interpret financial data effectively.