Accounting – 12/06/18

I.   Bellwork Q&A

  1. What classification of accounts are include on the balance sheet columns of the worksheet? (3)
  2.  What classification of accounts are include on the income statement columns of the worksheet?(2)

II Objectives

  • Journalize and post the adjusting entries for supplies and prepaid insurance.
  • Explain the necessity and the steps in journalizing adjusting entries while completing a sequence map

III.  Discussion/Notebook Work

  • Adjusting entries and why they are necessary
  • Sequence Map

IV.  Classwork:

A.  On Aplia:

  • Working Together & On Your Own (p. 179).
  • Application Problem 6-4 (p. 184).

B.  Handout

  • Recycle Problem 6R page D-6


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