Accounting 2 – 3/28/18
I. Bellwork Q&A
- Explain the purpose of the memorandum attached to the vendor invoice
- What source document is used for purchases returns & allowances?
- What accounting concept relates to the use of source documents?
II. Objectives:
- Explain the purpose of a general journal.
- Account for purchases returns and allowances.
- Post a general journal to the accounts payable ledger and general ledger.
III. Classwork
- 11-1 Working Together & On Your Own – Working papers & Aplia
- 11-1 Application on Aplia p339
Leave a Reply