I.  Bellwork Page 168 1-2 Q&A II.  Objectives: Prepare the Balance Sheet and Income Statement columns of a worksheet. Total and rule the worksheet. Apply the steps for finding errors on a worksheet III.  Discussion/Notebook Work A.   Explain the purpose of the financial statements: Balance Sheet Income Statement B.  Determining and Recording income statement and […]

I.  Bellwork Page 162 1-2 Q&A II Objectives: Analyze and explain the adjustments for supplies and prepaid insurance. Explain and create a sequence map demonstrating the four questions to ask  when recording adjusting entries on a worksheet Apply the proper procedures to record and complete the Adjustments columns of a worksheet. III.  Discussion/Notebook Work Matching […]

I.   Bellwork Page 157 1-2 Q&A II.   Objectives: Prepare the heading of a work sheet demonstrating proper format . Create a sequence map demonstrating the six-step process for preparing a trial balance on a work sheet and utilize the procedures to prepare the trial balance section of a work sheet . Discuss the importance of […]

1st  Period I.  Bellwork A&A If you could start any business, what would it be, what would you sell. and where would it be located? II.  Objectives: Define a target market and explain the importance of identifying a target market segment Explain the importance of identifying competitors, determining a competitive advantage,  and crafting an effective […]

First Period Guest Speakers -Dearborn Federal Credit Union Mrs. Richards and Mr. Hoff Topic:  Budgeting and Credit Guest Speaker sheet Pay attention & Complete the sheet with complete sentences 5th Period I.  Bellwork A&A If you could start any business, what would it be, what would you sell. and where would it be located? II.  […]

I.  Bellwork:   A.  Internet Search:  Accounting Control – Segregation of Duties Explain the concept of segregation of duties in accounting. Provide an example of segregation of duties in accounting Explain why is segregation of duties is important to a business. II  Objectives: Interpret, analyze, and journalize financial transactions in accordance with Generally Accepted Accounting Procedures. […]

 i.  Bellwork Page 152 Analyzing Nike’s Financial Statements  Q&A 1-2 II.  Objectives: Interpret, analyze, and journalize financial transactions in accordance with Generally Accepted Accounting Procedures. Maintain and monitor a general ledger accounts Prepare a bank statement reconciliation Follow and apply multi-step procedures when performing accounting  tasks; based on explanations in the text and GAAP. III.  Classwork:  Pages […]

I.   Bellwork: Record the Name and Account Numbers on each ledger account in your packet.  See page 153 II. Objectives: Interpret, analyze, and journalize financial transactions  in accordance with General Accepted Accounting Procedures. Post, maintain, and monitor a general ledger accounts Follow and apply multi-step procedures when performing accounting  tasks; based on explanations in the […]

I.  Bellwork: Internet Search What is embezzlement? Explain what internal controls means in  accounting. Provide 2 examples of an accounting internal control.  II.  Objectives: Interpret, analyze, and journalize financial transactions using accounting software in accordance with General Accepted Accounting Procedures. Maintain and monitor a general ledger accounts Follow and apply multi-step procedures when performing accounting  […]

I.  Bellwork Starting a Food Truck Business: 4 Legal Details That Matter List and explain the importance  each of the 4  details in the article II.  Objectives: Define the term “entrepreneur”. Identify the differences between entrepreneurs and employees. Link personal characteristics with a potential future in entrepreneurship. Identify potential career pathways of interest. III.  Scoring […]