Accounting – 9/26/19
I. Bellwork: Questions & Answers
- When an owner invests money into their company, what account is debited and what account is credited?
- When supplies are bought with cash, what account is debited and what account is credited?
II. Objectives
- Interpret financial transactions and prepare the related journal entries by applying the 4 steps to journalizing
- Properly record accounting transactions in a journal in accordance to GAAP
III. Classwork: Page 64
- 3-1 Working Together & On Your Own
Classwork/Homework- on Mindtap
- 3-1 Working Together & On Your Own
- 3-1 Application Problem
Leave a Reply