Accounting – 1/17/18
I. Bellwork
- .Page 237 Q&A 1-2 Show your work
II. Objective:
- Complete a worksheet using proper procedures, making adjustments, and determining Net income/loss
- Interpret information from a worksheet and construct financial statement in accordance with GAAP
- Journalize and post closing entries for a service business organized as a proprietorship
- Prepare a post-closing trial balance in accordance to GAAP
III. Use Aplia:
Reinforcement Activity Part B – Page 238
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