Accounting – 9/17/19

I.  Bellwork on MindTap

  • Working Together 2-1
  • On Your Own 2-1

II.   Objectives:

  • Restate and apply the four questions necessary to analyze transactions for starting a business into debit and credit parts
  • Follow precisely a multi-step procedure when analyzing how transactions affect accounts; analyze the results based on explanations in the text.

III.  Absent or Failed Test?  Retakes on Today after school – 2:35

IV.  Notebook/Discussion

A.  PPT 2-2 on iLearn

Four  Essential Questions to Answer for each Transaction

  1. Which accounts are affected?
  2. How is each account classified?
  3. How is each classification changed?
  4. How is each amount entered in the accounts?

V.   Small Quiz on 2-1 & 2-2 tomorrow –  Be Prepared

VI.  Classwork Page 42

  • Working Together 2-2
  • On Your Own 2-2
  • Pg 52  Application Problem 2-2 on Aplia

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