I.   Bellwork:  Explain how overtime wages are determined (formula)  Explain how gross wages are determined (formula) II. Objectives: Demonstrate the process for determining federal income tax withholdings. Demonstrate the process for calculating Social Security and Medicare taxes. Explain the benefits of funding medical and retirement plans with pretax contributions. III.  Discussion/Notebook Withholding Allowance Employee Social […]

I.  Bellwork Based on the document below find and explain 2 requirements that you may not have previously known. https://www.michigan.gov/documents/lara/Minimum_Wage_Poster_644740_7.pdf II.  Objectives Explain how employees are paid. Calculate hourly employee earnings. III. Discussion/ Notebook Calculating Employee Hours Worked P.347 Calculating Hourly Employee Total Earning P349 IV,  Classwork Drill 13-D1 on iLearn Aplia – 12-1 Working […]

I.  Bellwork Page 338 Categories of Internal Control A-E Use the link provided on Google classroom to answer the questions  II.  Objectives: Use special journals to record and post transactions Prepare schedules to balance subsidiary and controlling accounts Prove debits & credits Review Chapters 9-11  III.  Classwork & Homework 11M 2 on Aplia  READ THE […]

I.  Bellwork Review and Drop off your H&R Block Cash Flow Spreadsheet on Google Classroom  II.  Objectives: Use special journals to records and post transactions Review Chapters 9-11  III.  Classwork & Homework 11M2 Aplia Page 340-341   READ THE DIRECTONS: You will need to determine the sales tax and discount.  Look back at the previous chapters […]

I.  Bellwork A.  Morning Brew – Sign up B.  Select an article and summarize it in 4-6 sentences. II.  Objectives: Examine the requirements of the job shadow assignment Examine and compare various options to make financial decisions (selections) on H & R Block Budget Challenge Discuss, analyze, and compare data to make informed financial decisions III. […]

I.  Homework: Login in Later Today, on Tuesday and Friday Next Week H&R Block- Write Checks- Record them n your Spreadsheet- Take a Quiz II.  Chapter 11 Exam A.  iLearn MC B.  Constructive Response Journal Entries and Posting  

I.  Bellwork Page 343 Analyzing Nike’s Financial Statements Use Google Sheets and submit to Google Classroom II.  Objective Interpret, analyze , and record transactions involving purchase returns, sales returns, and dividend declaration using the general journal Post a general journal to the accounts payable, accounts receivable , and general ledger III.  Classwork Review H&R Block […]

I.  Bellwork on iLearn II.  Objective Distinguish between sales return & allowances and purchase return & allowances Interpret, analyze , and record transactions involving purchase returns, sales returns, and dividend declaration using the general journal Post a general journal to the accounts payable, accounts receivable , and general ledger III.  Notebook:  Comparison Sales Returns & […]

I Bellwork: Q&A Explain the difference between purchase returns & allowance and sales returns & allowances. How are the journal entries to record  a purchase returns & allowance and a sales returns & allowances  different? Debits and Credits – Example II Objective Explain the relationship between retained earnings and dividends. Account for the declaration and […]

I.  Bellwork Bad Idea About Writing: Plagiarism Deserves to Be Punish Identify the Claim, Evidence, Reasoning & Provide Your Opinion II.  Objectives Identify the differences between primary and secondary research Verify a source’s credibility when gathering information Understand the consequences of plagiarism and how to cite research sources appropriately Understand how to use school technology […]