Accounting – 2/01/19
I. Bellwork:
A. What do you believe are some of the differences between a service business and a retail business?
II Objectives:
- Distinguish among service, retail merchandising, and wholesale merchandising businesses.
- Identify differences between a sole proprietorship and a corporation.
- Explain the relationship between a subsidiary ledger and a controlling account
III. Discussion:
A. Subsidiary Ledgers and Controlling Accounts p. 244-248
- Merchandising Businesses
- Forming a Corporation
- Subsidiary Ledgers and Controlling Accounts
IV. Classwork
- Page 248 1-5 Q&A
- Terms (15) Page 248
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