Accounting 10/10/07
Objectives:
- Analyze changes in an accounting equation that affect owner’s equity for a service business organized as a proprietorship
- Define accounting terms related to changes that affect owner’s equity for a service business organized as a proprietorship
I. Bellwork
Construct T accounts for the transaction below
- The owner withdraws supplies from his business $500.00.
II. Classwork
A. 3-6 Challenge Problem pg 61 WB pg 51
B. Crossword Chapters 1-3