Accounting W2019

Accounting – 3/08/19

I Bellwork: Page 301 Q&A 1-3 II Objectives Post cash receipts to an accounts receivable ledger and a general ledger. Prepare a schedule of accounts receivable. Outline procedures for posting from a Cash Receipts Journal to an Account Receivable Ledger using a sequence map III.  H&R Block – pay bills/upload spreadsheet to Google Classroom IV.  […]

Accounting – 3/07/19

I.  Bellwork P 294-295 Q&A Name three reports a POS terminal can provide to assist management decisions Summarize what information is provided on a Batch report II,  Objectives Record cash and credit card sales using a cash receipts journal. Journalize cash receipts on account using a cash receipts journal. Outline procedures for Journalizing Cash and […]

Accounting – 3/06/19

I Bellwork Page 289 Q&A 1-3 II.   Objectives Post sales on account to an accounts receivable ledger and a general ledger. III.  Discussion 10-2 Posting from a Sales Journal pages 290-293 Posting from a Sales Journal to an Account Receivable Ledger Totaling, Proving, and Ruling a Sales Journal Posting Totals from a Sales Journal to […]

Accounting – 3/05/19

I.  Bellwork:  Questions & Answers A.  Fair Billing Credit Act What is the time limit to report an incorrect charge? Explain what you should do to report an incorrect charge? If your credit card is lost or stolen, what is the maximum amount you are liable for after you file a report? II.  Objectives: Determine […]

Accounting – 3/04/19

I.  Bellwork P283 Critical Thinking 1-2 Q&A II.  Objectives: Explain the relationship between the accounts receivable ledger and its controlling account. Record sales on account using a sales journal. III.  Discussion:  Accounting for Sales on Account Pages 284-289 Relationship between cost of merchandise, markup, and selling price Subsidiary Ledgers and Controlling Account Determining and recording […]

Accounting – 3/01/19

I.  Bellwork:   7 Costly Misconceptions About Car Loans A. Explain what is happening to consumers who are getting car loans. B.  List the 7 misconceptions about car loans II.  Objectives examine the purpose of sales tax calculate subtotals, sales tax amounts, and total purchase amounts Lang OBJ: explain verbally how to calculate a discount and a selling price […]

Accounting – 2/28/19

I.  Bellwork Follow procedures for recording transactions to the purchases and cash payments journal Follow procedure for posting individual transactions and totals to the ledger accounts from the purchases and cash payments journal II.  Test Part 1 – Application – Today III.  Tomorrow – MC/T&F /Matching See review iLearn Bellwork MC and terms in the […]

Accounting – 2/27/19

I.  Bellwork: A. Explain your career goal and how you plan to achieve it. II.  Objectives: Determine cash short and over for petty cash. Follow procedures for recording transactions to the purchases and cash payments journal Follow procedure for posting individual transaction and totals from the purchases and cash payments journal III.  Turn in 9M […]

Accounting – 2/26/19

I.  Bellwork Explain how you can determine if petty cash is short or over.   II.  Objectives: Total the  purchases and cash payments journal Post individual transactions from purchases and cash payments journals Post the totals from the purchases and cash payments journals III.  Chapter  9 Test on Thursday IV.  Classwork 9M  Page 279

Accounting – 2/25/19

I. Bellwork  Q&A On iLearn  2/25 BW II.   Objectives: Analyze financial transactions recording them in a sales and cash purchases journal Post transactions from special journals into the general journal III.  Chapter  9 Test on Thursday IV.   Classwork 9M on Aplia Page 279

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