I.  Bellwork Register for  EverFi – Venture: https://platform.everfi.net/registration/login Registration Code: 4de17ec9 II.  Objectives: Build a balanced budget including common budget elements. Define and distinguish between variable and fixed expenses. Identify sources of income and common types of payroll deductions. Identify common types of taxes and explain how taxes impact income. III.  Classwork Complete Module 1:  […]

I. Bellwork Log into iLearn II Objectives: Apply accounting terminology and practices/procedures used in cash controls on the exam Interpret and analyze financial information to record journal entries, establish and replenish petty cash, and prepare a bank reconciliation. III.  Chapter 5 Test Application & Multiple Choice

I.   Bellwork:  Page 146 Q&A 1-2 II.  Objectives Synthesize information from source documents to prepare a bank reconciliation resolving conflicting information when possible. Review accounting terminology and practices/procedures used in cash controls to prepare for the exam III. Classwork Recycle Problem 5-C on Aplia Chapter 5 Review on Aplia IV,  Chapter 5 Exam tomorrow

I Bellwork Ex-comptroller sentenced for stealing Summarize what occurred and explain how it happened. What was the associated sentence for this crime? II.  Objectives Interpret and analyze financial information to record journal entries, establish and replenish petty cash, and prepare a bank reconciliation. Follow multi-step procedures when performing accounting  tasks; based on explanations in the […]

I.   Bellwork: on iLearn II.  Objectives: Establish a petty cash fund. Replenish a petty cash fund. Explain the steps necessary to prepare a petty cash report III.   Discussion/Notebook Purpose of Petty Cash Reconciling Petty Cash IV.  Classwork On Aplia Work Together & On Your Own Application Problem 5-4

I Bellwork: page 134 Q&A 1-2 II Objectives: Complete record keeping for a dishonored check. Journalize an electronic funds transfer. Journalize a debit card transaction Using the textbook and discussion, compare debit cards and credit cards, noting similarities and differences in a bubble Map. III.  Discussion/Notebook Check Stub vs. Bank Balance – Double Bubble Debit […]

I.  Bellwork on iLearn II.   Objectives: Analyze and interpret differences in financial information from the bank statement and the check register to complete a bank statement reconciliation. Record and journalize a bank service charge. III.  Discussion/Notebook Analyzing a bank statement Preparing a Bank Reconciliation Steps for recording a service charge on a check stub & […]

  I  Bellwork:  Read Article What Happens When You Put a Stop Payment on a Check? A.    Questions & Answers Explain under what circumstances should a stop payment be issued? What is the procedure for stopping payment on a check? Are fees associated with a stop payment and what are they? How long does […]

I.  Bellwork: When A Check You Wrote (Or Received) Bounces– A.  Questions & Answers What are two fees associated with writing bad checks? What does NSF stand for? What are 4 things you can do if you write a bad check? What is  Michigan’s returned check fee? II.  Objectives: Describe significant points made by the speaker […]

I.  Bellwork List the 6 steps used in writing a check II.   Objectives: Analyze and record financial transactions of a check register Properly complete checks when given a transaction and record them on a check register Explain the process of writing checks and recording checking transactions on a register III.  Classwork A.  Booklet:  Making the […]