I.   Bellwork: Questions & Answers Page 57 Critical Thinking 1-2 Q&A II.  Objectives Define what a journal is and explain why it is used to record transactions. Compare and contrast different types of source documents. Identify the four parts of a journal entry. Orally explain the importance of source documents and how they are […]

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 MC on iLearn 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 – Tomorrow […]

I.  Bellwork: Questions & Answers Provide two transactions that reduce owner’s equity. Provide two transactions that increase owner’s equity 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 various accounts into debit and credit parts III.  Chapter […]

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:  OWP: 2-2 End of Lesson Review 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. Analyzing how transactions affect owner’s equity accounts Pgs. 43-48 Received […]

I.  Bellwork on MindTap Working Together 2-1 On Your Own 2-1 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 […]

I.  Bellwork:  Page 31 critical Thinking 1-3 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.  […]

I. Objectives: Apply accounting terminology and concepts regarding related to a sole proprietorship service business in order to solve problems Analyze, interpret, and record financial transactions in order to properly record them based upon GAAP. II. Accounting Chapter 1 Exam A. Multiple Choice on iLearn B. Application on Worksheet

I.  Bellwork :  A.  Page 24 Explore Accounting   Q&A        What is GAAP? Why is it necessary? Explain  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 financial transactions in order to properly record them based […]