Accounting – 1/11/18

I.  Bellwork

  • Page 230 1-4 Q&A

II. Objectives

  • Journalize and post closing entries for a service business organized as a proprietorship
  • Use ledger balances to prepare a post-closing trial balance in accordance to GAAP

III.  Notebook – Copy P227

  • Sequence map – Preparing a Post Closing Trial Balance 8-Steps

IV.  Classwork

  • Aplia – Application Problem 8-1
  • Aplia – Working Together & On Your Own 8-2


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