Accounting 1 – 2/28/08

Objectives·

  • Define accounting terms related to analyzing transactions into debit and credit parts.
  • Identify accounting practices related to analyzing transactions into debit and credit parts

I.  Bellwork Pg. 44

A.  Terms (4) + 1-2 Q+A

II.  Notebook Work Pg. 41

A.  Critical Thinking 1-2 Q+A

III.  3-1 Analyzing Transactions into Debit & Credit Parts

A. Read-Discuss Pgs. 40-43

1.  Accounting Equation

2.  T-Account

3.  Account Balance

4.  Debit & Credit

IV.  Classwork

A.  Pg. 44 #3-#8 wb pgs. 35-36

B.  Pg. 58 3-1 Application Problem wb pg.41


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