Accounting – 10/16/17

I.  Bellwork:  Questions & Answers

  1. What are the only two possible accounts that could be debited when a sale is made?
  2. Explain the only time S is used as a source document. Be specific.

II.  Objectives

  • Analyze and record transactions for buying and paying on account.
  • Interpret and analyze financial transactions following a multi-step procedure based on explanations in the text.

III.  Review for Chapter 3 Test tomorrow

  • 10/12 Bell Work
  • Chapter 3 Quiz

IV.  Classwork:

  • Chapter 3 Study Guide
  • Problem 3S on Aplia

 


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