Accounting 1 – 9/11/17
I. Bellwork
- iLearn Procedure Quiz
II. Objectives
- Define accounting terms related to starting a service business organized as a proprietorship and to changes that affect the accounting equation.
- Identify accounting concepts and practices related to starting a service business organized as a proprietorship and to changes that affect the accounting equation.
LA Objective
Determine the meaning of symbols, key terms, and other domain-specific words and phrases
III. Discussion: Accounting in Action – Section 1-1
A. Read and Discuss Pgs 6-8
- Accounting
- Accounting System
- Financial Statements
- Net Worth Statement
- Asset
- Liability
- Personal Net Worth
- Equity
- Ethics
IV. Classwork
A. Page 9
- Terms (10)
- Working Together 1-1 & On Your Own 1-1
Leave a Reply