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 […]

I.  Bellwork A.  List and explain 2 things you are confident you know on today’s exam B.  List at least one thing on the exam that may cause you some difficulty II.  Objectives:  Apply accounting terminology and concepts Analyze financial transactions recording them in a purchases and cash payments journal Post transactions from special journals […]

I.  Bellwork Q&A What is a stock? What is a mutual fund? What is a bond fund? II.Objectives: collaborate with teammates to review investment strategy and select  investments for team portfolios construct a spread sheet and use graphics to demonstrate team portfolio holdings based upon team discussion and the rules of the game III.  Chapter […]

I.  Bellwork  Q&A On iLearn  2/28 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 Friday IV.  Classwork 9M on Aplia Page 279 Review Problems & Questions on iLearn

I.  Bellwork  Q&A Page 273 Q&A 1-3 II.  Objectives:  Create and prove a schedule of accounts payable Post amounts from a cash payments journal to the general ledger III.  Classwork Aplia 9-5 Working Together and  On Your Own 9-5 Application Problem Aplia

I.  Bellwork  Q&A What journal is used to record all cash payments? If $3500.00 of merchandise is purchased on credit with the terms 2/10 n/30, what will be the discount if taken? based upon question #2, what will be the amount paid to the creditor after the discount is taken? II.  Objectives: Follow and apply […]

I.   Bellwork Page 266 Q&A 1-6 II.  Objectives Assign roles within a team and collaborate with team members to develop an investment strategy Select and investment strategy by researching the strategies on the internet and through group discussion and agreement III.  Discussion:  Job Shadow/Work Based Learning IV.  Classwork Stock Market Game stockmarketgame.org How 4th […]

I.   Bellwork BW     9.3-9.4  on iLearn  II.  Objectives: Record cash payments using a cash payments journal. Record replenishment of a petty cash fund Analyze, interpret and journalize petty cash transactions III.  Classwork Page 266  9-4 On Your Own Aplia 9-4 Working Together and On Your Own

I.  Bellwork Page 259 – Q&A 1-3 II.  Objectives: Record cash payments using a cash payments journal. Record replenishment of a petty cash fund Analyze, interpret and journalize petty cash transactions III.  Discussion Accounting  for Cash Payments p. 260-266 Cash Payments Journal Cash Payment of an Expense Buying Supplies for Cash Cash Payments on Account […]

I.  Bellwork BW 9.2 on iLearn II.  Objectives: Post merchandise purchases to an accounts payable ledger and a general ledger. Construct a sequence map describing the steps of posting from a purchases journal III.  Discussion Posting from a Purchase Journal p. 255-258 Posting from a Purchase Journal to an Account Payable Ledger Totaling and Ruling […]