Accounting – 9/27/18
I. Bellwork: 2.1 & 2.2 Quiz on iLearn
II. Objectives:
- Analyze and interpret transactions for operating a business into debit and credit parts.
- Restate and apply the four questions necessary to analyze transactions affecting the owner’s equity account into debit and credit parts
III. Analyzing how transactions affect owner’s equity accounts Pgs. 43-48
- Received Cash from Sales
- Sold Services on Account
- Paid Cash for an Expense
- Received Cash on Account
- Paid Cash to Owner for Personal Use
IV. Classwork:
- Page 49 – -2-3 Working Together & On Your Own – Write it out and then do it on Aplia
Page 53 – 2-3 Application Problem – On Aplia
V. Chapter 2 Test on Tuesday
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