Accounting 2 – 1/31/08
Objectives:
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Define acccounting terms related to purchases for a merchandising Business
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Identify accounting concepts and practices related to purchases for a merchandising business
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Journalize purchases for a merchandising business in a purchases journal
I. Bellwork
A. Write the question and answer.
- What room are you in? Lettter and Number Ex G107
- What is the name of this course?
- What is your instructors last name?
- What time does this class start and end?
II. Assign books
III. Accounting for a Merchadising Partnership pgs 218-220
IV. Journalizing Purchases using a Purchases Journal
A. Read and Discuss pg. 222-227
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Using Special Journals
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Purchasing Merchandise
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Purchases on Account
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Purchases Journal
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Purchase Invoice
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Purchasing Merchandise on Account
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Totaling and Ruling a Purchases Journal
V. Classwork Page 228
A. Terms (13)
B. Q & A 1-4
C. Problems 5-8 WB pages 203 & 204
VI. Review Lesson 10-1