Accounting 2 – 2/07/08
Objectives
- Identify accounting concepts and practices related to transactions using a general journal.
- Journalize other transactions using a general journal.
I. Bellwork
A. List 6 examples of Conduct Prohibited in Class
II. Notebook Work
A. Page 244 Explore Accounting
- What does FOB stand for?
- What is the difference between FOB shipping point and FOB destination?
III. Journalizing other transactions using a general journal
A. Read and Discuss pages 240-242
- General Journal
- Memo for buying supplies on account
- Buying supplies on account
- Merchandise withdrawals by Partners
IV. Review – 10-4 PPT
V. Classwork pg. 243
A. 1-5 Q & A
B. 6-7 wb pg 207
C. pg 246 10-4 wb pgs. 213
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