Accounting 2 – 2/06/08

Objectives

  • Identify accounting concepts and practices related to cash payments for a
    merchandising business.
  • Journalize cash payments using a cash payments journal.

I.  Performing Additional Cash Payments- Journal Operations

        A.  Read and Discuss pgs 234-238

  1. Cash payments to replenish Petty cash
  2. Cash withdrawals by partners
  3. Totaling, Proving, and Ruling Carried FWD
  4. Starting a new cash payments journal page
  5. Totaling, Proving, and Ruling

II.   Review – 10-3 PPT

III.  Notebook Work pg. 239

        A.  1-3 Q & A

IV.  Classwork

        A.  Pg. 239 4-7 wb pg. 205

        B.  Pg. 246 10-3 wb pg. 211

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