Accounting 2 – 5/20/08
Objectives:
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Define accounting terms related to financial statement for a merchandising business.
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Identify accounting concepts and practices related to financial statement for a merchandising business.
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Prepare a balance sheet for a merchandising business organized as a partnership.
I. Bellwork pg 420
A. Term & 1-4 Q & A
II. 16-4 Balance Sheet
A. Pages 416-419
Balance Sheet Information on a Worksheet
First two sections of a Balance Sheet
Completing a Balance Sheet
Supporting Schedules
III. Review – PPT 16-4
IV. Classwork
A. Page 420 5-6 WB pages 373-374
B. 16-5 Application Problem pg 423 Wb pg 387-389