Accounting 2 – 5/01/08

Objectives

  • Define accounting terms related to a work sheet for a merchandising business.

  • Identify accounting concepts and practices related to a work sheet for a merchandising business.

  • Begin a work sheet for a merchandising business.

I.  Bellwork

A.  Terms + 1-2 Q+A

II.  15-1 Eight Column worksheet for a march business

A.  Read + discuss pg. 374-378

  1. Transferring G/L balance to a worksheet

  2. Recording  Trial balance on a worksheet

  3. Planning Adjustments

  4. Analyzing + Recording Merchandise Adjustments

  5. Adjustment when ending merchandise>Beginning merchandise

III.  Class work pgs. 379-380

A.  3-8 WB pgs 347-350

B.  15-1 pg. 394 QB pg. 351


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