Nov 06

Accounting – 11/07/19

I.   Bellwork:

  • page 134 Q&A 1-2

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 PPT 5-4

  • Purpose of Petty Cash
  • Reconciling Petty Cash

IV.  Classwork On MindTap

  • 5-4 Work Together & On Your Own
  • Application Problem 5-4
Nov 05

Accounting – 11/06/19

I Bellwork:

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

Debit Cards vs Credit Cards

See iLearn PPT 5-3

IV Classwork – on Mindtap

  • Work Together & On Your Own (p. 139).
  • Aplia: Application Problem 5-3
Oct 30

Accounting – 10/31/19

I.  Bellwork: When A Check You Wrote (Or Received) Bounces

A.  Questions & Answers

  1. What are two fees associated with writing bad checks?
  2. What does NSF stand for?
  3. What are 4 things you can do if you write a bad check?
  4. What is  Michigan’s returned check fee?

II.  Objectives:

  • Record a deposit on a check stub.
  • Endorse checks using blank, special, and restrictive endorsements.
  • Prepare a check stub and a check.

III.  DiscussionNotebook

  • Types of Endorsements
  • Completing a Check
  • Review Steps in Completing a Check Stub

IV.   Classwork

  • Working Together & On Your Own (p. 128).
  • Application Problem 5-1 (pg. 149).
Oct 29

Accounting – 10/30/19

I. Bellwork

Budget Challenge – Healthcare Quiz & Update Spreadsheet

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 Right Money Moves

  • Check Register on Google Classroom
Oct 28

Accounting – 10/29/19

I.   Bellwork

Fake check scam on the rise and targeting young people

  1. Explain how the scam works.
  2. Explain what you should do if someone you don’t know offers you a check in exchange for cash?

II Objectives:

  • Analyze and record financial transactions of a check register
  • Apply the proper steps to write checks and record them on a check register
  • Explain the process of writing checks and recording checking transactions on a register

III.  Classwork

  • Booklet:  Making the Right Money Moves
  • Check Register on Google Classroom
Oct 27

Accounting – 10/28/19

I.   Bellwork

Budget Challenge – take Unexpected Events quiz

II.  Objectives:

  • Content OBJ:, properly complete checks when given a transaction and record them on a check register
  • Lang OBJ: Explain the process of writing checks and recording checking transactions on a register

III.  Notebook

IV.  Classwork

Oct 23

Accounting – 10/24/19

I.  Bellwork

Using the General Ledger provided identify the amount of the balance and whether it is a debit or credit for the questions below

  1. What will be the balance in the Cash account on Feb 1?
  2. What will be the balance in the Cash account on Feb 3?
  3. What will be the balance in the Cash account on Feb 11?
  4. What will be the balance in Accounts Receivable on Feb 20?
  5. What will be the balance in the Accounts Receivable on Feb 23?

II. Objectives

  • analyze and interpret financial transactions recording them in a general journal and maintain ledger balances
  • apply multi-step procedures based on explanations in the text to record and post financial transactions.

III.   Classwork:  

  • Pay bills on Budget Challenge
  • 4M Mastery Problem Practice
  • Review Sheet on MindTap

IV.   Chapter 4 Test Friday

Oct 22

Accounting – 10/23/19

I.   Bellwork

  • Page 113 Q&A 1-4

II Objectives

  • analyze and interpret financial transactions recording them in a general journal and maintain ledger balances
  • apply multi-step procedures based on explanations in the text to record and post financial transactions.

III.   Classwork:  

  • 4M Mastery Problem p. 117 on MindTap

IV.   Ledger Balance Quiz

V.  Chapter 4 Test Friday

Oct 21

Accounting – 10/22/19

I. Bellwork on Google Classroom – Update Learning Plan

II.  Objectives

  • Reflect upon the previous card marking and develop goals for the 2nd card marking as well as identify means to achieve the goals.
  • Analyze incorrect journal entries and prepare correcting entries
  • Demonstrate how to correct errors made during posting

III.  Read and Discuss:  Pages 109-111

  • Journalizing Correcting Entries and Correcting Posting Errors

IV.   Quiz on Wednesday or Thursday– Determining balances on a Ledger

V.  Classwork 

  • Ledgers – Determining Balances
  • 4-3 Working Together & On Your Own (MindTap)
  • 4-3 Application Problem (Mind Tap)