Accounting – 12/05/19

I. Bellwork

Page 182 – Explore Accounting:  Fiscal Periods

  • Make your recommendation and support it with your explanation.

II.  Objectives:

  • Complete a worksheet using proper procedures, making adjustments, and determining Net income/loss
  • Compare and contrast net income and net loss through class discussion, text information and construction of a double bubble
  • Discuss the importance of choosing a fiscal period that is based upon cycles in a business.

IV.  Class work:

  • 6M Pages 184-185
  • Additional Worksheet (Net Loss) on Google Classroom

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