I. Objectives: Analyze and interpret transactions for operating a business into debit and credit parts. Restate and apply the four questions necessary to analyze transactions identifying accounts, classifications, and recording the  debit and credit parts III.  Chapter 2 Test Part 1 Aplia Part 2 iLearn on Paper

I.  Bellwork: Questions & Answers Page 51 Instructions 1-2 Question & Answer II. Objectives: Analyze and interpret transactions for operating a business into debit and credit parts. Restate and apply the four questions necessary to analyze transactions affecting the owner’s equity account into debit and credit parts III.  Chapter 2 Test on Tuesday   A.  […]

I.  Bellwork: Questions & Answers List and  answer  the Four Essential Questions relating to the transaction below? Paid repair expense of $235.00 II.  Objectives: Analyze and interpret transactions for operating a business into debit and credit parts. Restate and apply the four questions necessary to analyze all transactions into debit and credit parts III.  Classwork […]

I.  Bellwork Google Classroom – Increase & Decrease Side II.   Objectives: Restate and apply the four questions necessary to analyze transactions for starting a business into debit and credit parts Follow precisely a multi-step procedure when analyzing how transactions affect accounts; analyze the results based on explanations in the text. III.  Absent or Failed Test?  […]

I.  Bellwork:  On Google Classroom II.  Objectives Show the relationship between the accounting equation and a T account. Identify the debit and credit side, the increase and decrease side, and the balance side of various accounts. Restate and apply the two rules that are associated with the increase side of an account. III.  Notebook Work […]

I.  Sign into Aplia https://www.cengage.com/dashboard/#/login II.  Objectives: Analyze and interpret financial transactions to identify the accounts impacted and the related amounts while maintaining a balanced accounting equation III.  Chapter 1 Exam – Part 1 On Aplia Part 2 iLearn

I.  Bellwork On Google Classroom II. Objectives: Analyze and interpret financial transactions properly  recording amounts in the accounts being impacted. III.  Classwork/Homework: Using Aplia  1-4 Application Problem     Mastery Problem https://login.cengagebrain.com/cb/entitlement.htm?code=84SW-883P-Z6TV IV.   Chapter 1 Test Monday  Be Prepared

I.  Bellwork : A.  Page 24 Explore Accounting   Questions & Answers What is GAAP? Explain why it is necessary? What might happen if it did not exist? II. Objectives Identify accounting concepts and practices related to starting a service business organized as a proprietorship and to changes that affect the accounting equation. Analyze and interpret […]

I.  Bellwork Explain which accounting transaction(s) you have the most difficulty interpreting and recording? II.  Objectives: Analyze and interpret financial transactions to record them in accordance with GAAP. III.  Turn in yesterdays work IV.  Classwork: use Google docs Complete 1-R Recycle Problem Page D1 V. Chapter 1 Test tomorrow ???  Be ready

I.  Bellwork A.  Provide examples of 2 transactions that increase owner’s equity B.  Provide examples of two transactions that decrease owner’s equity II.  Objectives   Analyze how transactions affect accounts in an accounting equation. Compare and contrast accounts payable and accounts receivable Analyze and interpret financial transactions in order to properly record them based on […]