Nov 10

Accounting – 11/11/19

I.   Bellwork: on ILearn

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 5R
  • Chapter 5 Review on MindTap

IV,  Chapter 5 Exam tomorrow

Nov 07

Accounting – 11/08/19

I Bellwork

Ex-comptroller sentenced for stealing

  1. Summarize what occurred and explain how it happened.
  2. 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 text

III. Classwork

  • Budget Challenge – Take Quiz
  • 5-M on Aplia

IV  Chapter 5 Test on Tuesday

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
Nov 01

Accounting – 11/01/19

I. Bellwork

Page 128 Questions & Answers 1-3

Define – post dated and voided check

II. Objectives:

Pre-assessment on personal traits, knowledge, and skills that each person should possess to successfully transition from secondary education into the workforce and post-secondary education.

III. Classwork

Precision Exams Michigan – 21st Century Success Skills

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