Accounting 12/05/07
Objectives:
- Define accounting terms related to a work sheet for a service business organized as a proprietorship.
- Identify accounting concepts and practices related to a work sheet for a service business organized as a proprietorship.
- Prepare a heading and a trial balance on a work sheet.
I. Bellwork pg 152 (15 min)
A. Terms (3) & 1-2 Q & A
II. 7-1 Creating a Worksheet
A. Read and Discuss pgs 150-151
- Fiscal Period
- Worksheets
- Preparing the Heading
- Preparing a Trial Balance
III. Classwork
A. #3 & #4 WB pg 125-126
B. Pg 169 Appl 7-1 WB pg 143