I.  Bellwork On Google Classroom II.  Objectives Journalize and post the adjusting entries for supplies and prepaid insurance. Explain the necessity and the steps in journalizing adjusting entries while completing a sequence map III.  Discussion/Notebook Work Adjusting entries and why they are necessary Sequence Map IV.  Classwork: On MindTap Working Together & On Your Own […]

I.   Bellwork Q&A What classification of accounts are include on the balance sheet columns of the worksheet? (3)  What classification of accounts are include on the income statement columns of the worksheet? (2) II. Objectives: Prepare the Balance Sheet and Income Statement columns of a worksheet. Total and rule the worksheet. Follow and apply the […]

I.  Bellwork Budget Challenge – Pay Bills II. Objectives: Determine which accounts appear on the Balance Sheet and Income Statement columns of a worksheet. Explain the purpose of the Balance Sheet and Income Statement  Discuss the steps for finding errors on a worksheet III.  Discussion/Notebook Work A.  Explain the purpose of the financial statements: balance […]

I.  Bellwork Budget Challenge Quiz and Check 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 […]

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

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.  […]

I.   Bellwork: Budget Challenge 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 text and GAAP. III.  Classwork:  input on MindTap Pages 154 -155 Reinforcement Activity […]

I.  Bellwork: Internet Search What is embezzlement? Explain what internal controls means in  accounting. Provide 2 examples of accounting internal controls.  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  tasks; […]