I.   Bellwork   Q&A A.  What are the two classifications of accounts that are listed on an income statement? B.  Write and Explain the formula used for determining net income or net loss on an Income Statement. II. Objectives: Prepare a balance sheet for a service business organized as a proprietorship. Interpret information from a worksheet […]

I.  Bellwork page 189 Critical Thinking 1-2 Q&A II. Objectives: Prepare and income statement for a service business calculate and analyze financial ratios using income statement accounts III.  Discussion/Notebook Heading of an Income Statement p 192. Revenue Expenses & Net Income p. 194 Analyzing an Income Statement p. 195 Two Sources of Revenue p. 197 IV.  […]

I.   Bellwork page 189 Critical Thinking 1-2 Q&A II.  Objectives: Prepare and income statement for a service business calculate and analyze financial ratios using income statement accounts III.  Chapter 6 Retake Wednesday @ 2:30 pm  IV.  Discussion/Notebook Heading of an Income Statement p 192. Revenue Expenses & Net Income p. 194 Analyzing an Income Statement […]

I.    Chapter 6 Exam Part 1 Multiple Choice/True & False Question – on iLearn II.  Objectives: Complete a worksheet using proper procedures, making adjustments, and determining Net income or loss Apply knowledge of accounting terminology and concepts related to worksheet preparation III.  Chapter 6 Exam Part 2 Completing a Worksheet on iLearn

I.  Bellwork Analyzing Nike’s Financial Statements Page 187 Q&A 1-2 II.  Objectives: Complete a worksheet using proper procedures, making adjustments, and determining Net income/loss Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence, acknowledging where the text leaves matters uncertain. III. Chapter 6 Test Tomorrow IV.  Class work […]

I.  Bellwork on iLearn II.  Objectives: Complete a worksheet applying proper procedures, making adjustments, and determining Net income/loss III. Chapter 6 Worksheet Quiz IV.  Test on Chapter 6 Friday

I. Bellwork Page 179 1-3 Q&A II Objectives: Review terminology and concepts related to worksheet preparation Complete a worksheet using proper procedures, making adjustments, and determining Net income/loss Determine the meaning of key terms, and other domain-specific words and phrases as they are used in accounting III.  Class work: Additional Worksheet (Net Loss) on Google […]

I.  Bellwork Page 182 – Explore Accounting:  Fiscal Periods Make your recommendation and support it with your explanation. II. Objectives: Complete a worksheet using proper procedures, making adjustments, and determining Net income/loss Compare and contrast net income and net loss through class discussion, text information and construction of a double bubble Discuss the importance of […]

I.  Bellwork Q&A A.  What is the adjusting entry (debit and credit) for supplies? B.  What is the adjusting entry (debit and credit) for prepaid insurance? II.  Objectives: Drawing on previous lessons and what they learn about the four elements of a successful business pitch, students craft an engaging, concise business pitch for their business. […]

I.  Bellwork 12/05 Bellwork on Google Classroom II. Objectives: Prepare the Balance Sheet and Income Statement columns of a worksheet. Total and rule the worksheet. Follow and apply the steps for finding errors on a worksheet III. Discussion/Notebook Work Tree Map – Worksheet, Columns & Accounts IV.  Classwork: A.  Working Together(p. 175). B.  Apilia: Working […]