- Budget Challenge Quiz and Check
- Analyze and explain the adjustments for supplies and prepaid insurance.
- Explain and create a sequence map demonstrating the four questions to ask when recording adjusting entries on a worksheet
- Apply the proper procedures to record and complete the Adjustments columns of a worksheet.
III. Discussion/Notebook Work
- Matching Revenue with Expenses & Accrual basis accounting
- Need for Adjustments
- Four Questions Map
- Formula for determining adjustments to Supplies & Prepaid Insurance
- Working Together & On Your Own (p. 168).
- Application Problem 6-2 (p. 183)
- Aplia: 6-2 OYO & Working Together