Accounting – 10/24/19
I. Bellwork
Using the General Ledger provided identify the amount of the balance and whether it is a debit or credit for the questions below
- What will be the balance in the Cash account on Feb 1?
- What will be the balance in the Cash account on Feb 3?
- What will be the balance in the Cash account on Feb 11?
- What will be the balance in Accounts Receivable on Feb 20?
- What will be the balance in the Accounts Receivable on Feb 23?
II. Objectives
- analyze and interpret financial transactions recording them in a general journal and maintain ledger balances
- apply multi-step procedures based on explanations in the text to record and post financial transactions.
III. Classwork:
- Pay bills on Budget Challenge
- 4M Mastery Problem Practice
- Review Sheet on MindTap
IV. Chapter 4 Test Friday
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