Accounting 1- 3/13/08
Objectives:
- Analyze changes in an accounting equation that affect owner’s equity for a
service business organized as a proprietorship.
NEW SEATS – CLICK –NEW SEATS
I. Bellwork
A. Use T-accounts to record each transaction
1. Paid $150.00 for repairs
2. Bought supplies for cash $10.00
3. Edward James invested $12,000.00 into his business
II. Get your notebooks and papers from the tray
III. Classwork
A. Click and Read the directions – – Drill 4-1
Do not Print a Handout is provided on my desk to write your answers
B. Try the Extra Credit assignment from 3/11/08 if you finish early