Accounting 2 – 2/25/08
Objectives
- Define accounting terms related to cash receipts for a merchandising
business. - Identify accounting concepts and practices related to cash receipts for a
merchandising business. - Journalize cash receipts using a cash receipts journal.
I. Bellwork – Page 263
A. Read and Provide your opinion with support on whether each situation demonstrates ethical behavior
II. Cash Receipts Journal
A. Read and Discuss pg. 259-263
- Sales
- Cash receipts journal
- Cash and credit card sales
- Cash receipts on account
- Totaling, proving, and ruling
III. Review – 11-2 PPT
IV. Classwork
A. Page 264 4-11 wb pgs. 225-226
B. Pages 266-267 11-2 wb pgs. 229