Sep 04

Accounting – 9/05/18

 I.  Bellwork

  • Page 9 Terms  (10)

II.   Objectives:

  • Describe the different users of accounting information and the purpose of a net worth statement
  • Register student accounts and access online material for the textbook.

III.  Discussion

  • Accounting
  • Net Worth Statement
  • Users of accounting information

IV.   Classwork

A.  Go to iLearn and follow directions for registering on Aplia

B.   Assignments to complete on  Aplia

  • Aplia Orientation Exercise
  • Working Together 1-1 & On Your Own 1-1

C.   Procedure Quiz on iLearn

Jun 05

Accounting 1 – 6/06/08

Objectives:

  • Prepare for Final Exam by reviewing Income Statement and Balance Sheet preparation

 I.  Classwork

A.  Balance Sheet and Income Statement Preparation

  1. 8-1 PPT
  2. 8-2 PPT

B.  Complete Handout 9R

C.  For the Final Review the

  1. Definitions
  2. Journal Entries
  3. Petty Cash Chapter
  4. Balance Sheet & Income Statement
Jun 02

Accounting 1 – 6/03/08

9-3 Objectives

  • Define accounting terms related to adjusting and closing entries for a service business organized as a proprietorship.

  • Identify accounting concepts and practices related to adjusting and closing entries for a service business organized as a proprietorship.

  • Prepare a post-closing trial balance for a service business organized as a proprietorship.

I.  Turn in Review & Get your Vocabulary Sheet

II.  Bellwork pg 209

  A) TERMS 1-3 Q+ A

III.  Classwork

A.  Page 212 9-4 Mastery Problem WB pages 187-191

IV.  Senior Final Tomorrow

Jun 02

Accounting 1 – 6/02/08

Objectives:

  • Record adjusting entries for a service business organized as a proprietorship.
  • Record closing entries for a service business organized as a proprietorship.
  • Prepare a post-closing trial balance

 I.  Bellwork

A.  Number and list the Steps in the Accounting Cycle (Pg 208)

II.  Classwork

A.   Accounting 1 Review

III.  Notebook Check on Tuesday

IV.  Senior Final on Wednesday

May 30

Accounting 1 – 5/30/08

Objectives:

  • Record adjusting entries for a service business organized as a proprietorship.
  • Record closing entries for a service business organized as a proprietorship.
  • Prepare a post-closing trial balance

I.  Bellwork

A.  Page 209 Terms and  1-3 Q & A

II.  Notebook Check on Tuesday

III.  Senior Final on Tuesday

May 28

Accounting 1- 5/29/08

Objectives:

  • Post closing entries to a general ledger for a service business organized as a proprietorship.

I.  Bellwork

A.  Identifiy each as a permanent or temporary account:

  1. Cash
  2. Income Summary
  3. Supplies
  4. Sales
  5. Capital
  6. Drawing
  7. Accounts Receivable
  8. Advertising Expense
  9. Accounts Payable
  10. Supplies Expense

II.  Classwork

A.  Posting Adjusting Entries

1. Working Together – Wb pgs 171, 173-175

2.  On Your Own – WB pgs 172, 176-178

3.  Application Problem WB 181-184

May 27

Accounting 1 – 5/28/08

Objectives:

  • Define accounting terms related to closing entries for a service business organized as a proprietorship.
  • Identify accounting concepts and practices related to closing entries for a service business organized as a proprietorship.
  • Record closing entries for a service business organized as a proprietorship.

I.) Bellwork pg 203

A) 3 TERMS & 1-3 Q + A

II) 9-2 Recording Closing Entries

A) Read and Discuss pgs 199-202

  1. Permanent and Termporary Accounts
  2. Need for Closing Accounts
  3. Need for Income Summary
  4. Closing Income Summary
  5. Entry to Record a Net Loss/Income
  6. Closing Entry for Drawing

III.  Review – PPT 9-2

IV. CLASSWORK

A) Pg 203 #4 & #5 WB pgs 169-178

B) Pg 211 Application Problem 9-2 WB pgs 181-184