Accounting – 2/11/19
I. Bellwork
- Calculate the amounts on the first slide
II. Objectives:
- Utilize a Cash Flow Statement to manage money and monitor financial activity
- Analyze and interpret financial information and source documents to record transitions
- Calculate and discuss the impact of mandatory and optional deductions from gross pay
- Impact of W-4 Allowances on Net Pay
III. H & R Block Budget Challenge
- Read and discuss: W2_Pit Stop_Gross and Net Pay (2)
IV. Notebook Copy Impact of W-4 Allowances on Net Pay Chart
V. Classwork: H & R Block Challenge –
- Record Bank Balance & Pay Check
- Pay Bills and record on Cash Flow Statement
- Take Quiz
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