Accounting – 9/20/18

I.  Bellwork : A.  Page 24 Explore Accounting   Questions & Answers

  1. What is GAAP?
  2. Explain why it is necessary?
  3. What might happen if it did not exist?

II. Objectives

  • Identify accounting concepts and practices related to starting a service business organized as a proprietorship and to changes that affect the accounting equation.
  • Analyze and interpret financial transactions in order to properly record them based on GAAP..

III.   Chapter 1 Quiz

 


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Follow this blog

Get every new post delivered right to your inbox.




Skip to toolbar