Accounting 10/16/07
Objectives:
· Identify accounting concepts and practices related to journalizing transactions.
· Record in a general journal transactions to set up a business.
· Record in a general journal transactions to buy insurance for cash and supplies on account.
I. Bellwork pg 75
A. 1-4 Q&A
II. Notebook Work
A. Pg 65 Critical Thinking 1-2 Q & A
III. 4-2 Journalizing Buying Insurance, Buying on Account and Paying on Account
A. Read and Discuss pgs 72-74
- Paying for insurance
- Buying supplies on account
- Paying cash on account
IV. Classwork
A. pg 75 #5 and #6 wb pgs 53 and 55
B. pg 87 4-2 wb pg 57
We are using the same WB Pages as Yesterday