Accounting 1 – 4/24/08

Objectives:

  • Define accounting terms related to using a checking account.
  • Identify accounting concepts and practices related to using a checking account.
  • Define accounting terms related to using a petty cash fund
  • Establish and replenish a petty cash fund.

I.  Bellwork

A.  What is the benefit of establishing a petty cash fund?

B.  What is debited and what is credited to record a dishonored check?

C.  What is debited and what is credited to record a bank service charge?

II.  Classwork

A.  Page 141 Mastery Problem wb pgs 109-110

B.  Chapter 6 Review Sheet

III.  Test Next Tuesday


Follow this blog

Get every new post delivered right to your inbox.




Skip to toolbar