Accounting 1 – 5/22/08

Objectives

  • Prepare an income statement for a service business organized as a proprietorship and analyze an income statement using component percentages
  • Prepare a balance sheet for a service business organized as a proprietorship

I.  Turn in Review Sheet

II.  Bellwork –  Survey

III.  Classwork

A.  Pg 188 Challenge Problem WB pg 167

B.  Handout -use WB page 168

IV.  Chapter 8 Test Tomorrow


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