Accounting 2 – 2/05/08
Objectives:
- Define accounting terms related to cash payments for a merchandising business.
- Identify accounting concepts and practices related to cash payments for a
merchandising business - Journalize cash payments using a cash payments journal.
I. Bellwork
A. List 4 procedures you should follow during instruction
II. Using a Cash Payments Journal
A. Read and Discuss pages 228-232
- Cash payments journal
- Purchasing merchandise for cash
- Buying supplies for cash
- Cash payment on account
- Cash payment of an expense
III. Review – 10-2 PPT
IV. Classwork
A. Pg. 233
- Terms (2) 1-3 Q & A
- 4 -7 wb pgs 205 & 206
- Pg.245 10-2 wb pg. 211
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