MESSAGE FOR NON PARTICIPANTS & LESS THAN 60% STUDENTS

MESSAGE FOR NON PARTICIPANTS & LESS THAN 60% STUDENTS
I. Final Exam
II. Turn in Your Book
III. Locker Clean out @ 8:50-9:00
Objective:
I. Classwork
A. Review Journal Entries and Answer Questions
B. Turn in Books
Objectives:
I. Bellwork
A. List the 9 Steps of the Accounting Cycle for a Merchandising Business (Pg 446)
II. Classwork
A. Page 451 17-5 Application Problem wb 411-416
I. Final Exam for Seniors
II. Turn in Review Sheets
III. Non – Seniors
A. 17-4 Preparing a Post Closing Trial Balance pgs 443-446
IV. Review – PPT 17-4
V. Classwork
A. Pg 447 4-5 WB pages 403-404
B. Page 450 17-4 Application Problem WB page 409
Objectives:
I. Bellwork – Accounting 2 Review
A. Define each of the terms listed on the review sheet (20 minutes)
II. Classwork
A. Record the journal enties on the review sheet.
III. Senior Final Wednesday
IV. Notebook Check Today
Objectives:
Identify accounting concepts and practices related to closing entries for a merchandising business organized as a partnership.
Record closing entries for net income or loss and partners drawing accounts.
I. Bellwork
A. Pg 442 1-2 Q & A
II. 17-3 Recording Additional Closing Entries
A. Pages 439-441
– Closing entry to record net income or loss and close the income summary account
– Closing entries for the partners drawing accounts
-Completed closing entries for a partnership recorded in a journal
III. Review – PPT 17-3
IV. Classwork
A. Pg. 442 #3 & #4 Wb pages 399-402
B. Page 450 Application 17-3 Wb page 409
Objective:
Identify accounting concepts and practices related to closing entries for a merchandising business organized as a partnership.
Record closing entries for income statement accounts
I. Bellwork
A. Page 438 1-2 Q & A
II. 17-2 Recording Closing Entries for Income Statement Accounts
A. Pages 434-437
The income summary account
Closing entry for an income statement account with a credit balance
Closing entry for income statement accounts with debit balances
Summary of closing entry for income statement accounts with debit balances
III. Review – PPT 17-2
IV. Classwork
A. Page 438 #3-4 Wb pages 399-402
B. Page 449 Application 17-2 Wb page 409
Objectives:
Identify accounting concepts and practices related to adjusting entries for a merchandising business
Record adjusting entries.
I. Bellwork
A. Pg 433 1-3 Q & A
II. 17-1 Recording Adjusting Entries
A. Pages 430-432
Adjusting entries recorded in a general journal
Partial work sheet showing adjustments
Adjusting entry for merchandise inventory
Additional adjusting entries
III. Review – PPT 17-1
IV. Classwork
A. Page 433 #4-5 WB pages 397-398
B. Page 449 17-1 Application Problem wb pg 405
V. Notebook Check Tomorrow