Accounting – 1/18/18

I.  Bellwork

A.  Use the Internet to research  2 listings for entry level CPA jobs in Michigan.

  1. What are the education and experience requirements of each
  2. What is the salary for each

II.  Objective:

  • Complete a worksheet using proper procedures, making adjustments, and determining Net income/loss
  • Interpret information from a worksheet and construct financial statement in accordance with GAAP
  • Journalize and post closing entries for a service business organized as a proprietorship
  • Prepare a post-closing trial balance in accordance to GAAP

III.  Classwork

  • Accounting Post Test on Precision Exams
  • Use Aplia: Reinforcement Activity Part B – Page 238 & Automated Accounting


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