Accounting 12/10/07
Objectives:
- Identify accounting concepts and practices related to a work sheet for a service business organized as a proprietorship.
- Complete a work sheet for a service business organized as a proprietorship.
I. Bellwork:
A. Explain how adjustments on a worksheet are determined?
B. Explain how Net Income or a Net Loss on a worksheet is determined?
II. Classwork
A. Pg 170 7-5 Mastery Problem WB pg 153 (NET LOSS SEE PG 162)
B. C-7 Recycle Problem use WB pg 154
III. Worksheet Quiz Tomorrow