Accounting 2 – 3/27/18

I.  Bellwork

  • P319 Q&A 1-2 Accounting in the Real World

II.  Objectives:

  • Explain the purpose of a general journal.
  • Account for purchases returns and allowances.
  • Post a general journal to the accounts payable ledger and general ledger.

III.  Accounting for Purchases Transactions Using a General Journal

Discussion Pages 320-326

  • Buying Supplies on Account
  • Journalizing Purchases and Returns
  • Posting from a General Journal to an Accounts Payable Ledger
  • Posting from a General Journal to an General Ledger

IV.  Classwork p326

  • 11-1 Working Together & On Your Own – Working papers & Aplia
  • 11-1 Application on Aplia p339


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