{"id":16958,"date":"2019-02-22T01:29:41","date_gmt":"2019-02-22T06:29:41","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=16958"},"modified":"2019-02-22T01:29:41","modified_gmt":"2019-02-22T06:29:41","slug":"accounting-2-22-19","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2019\/02\/22\/accounting-2-22-19\/","title":{"rendered":"Accounting – 2\/22\/19"},"content":{"rendered":"

\u00a0 I.\u00a0 Bellwork \u00a0Q&A<\/b><\/p>\n

    \n
  1. What journal is used to record all cash payments?<\/span><\/li>\n
  2. If $3500.00 of merchandise is purchased on credit with the terms 2\/10 n\/30, what will be the potential dollar amount of the discount taken?<\/span><\/li>\n
  3. Based upon question #2, what will be the amount paid to the creditor after the discount is taken?<\/span><\/li>\n<\/ol>\n

    II Objectives:<\/b><\/p>\n

      \n
    • Follow and apply proper procedures for posting from a cash payments journal<\/span><\/li>\n
    • Post cash payments to an accounts payable ledger and a general ledger.<\/span><\/li>\n<\/ul>\n

      III. Discussion pages 267-272<\/b><\/p>\n

      Posting from a Cash Payments Journal<\/span><\/p>\n

        \n
      • Posting Cash Payments to Accounts Payable Ledger<\/span><\/li>\n
      • Posting Cash Payments General Amount Column to a General Ledger<\/span><\/li>\n
      • Totaling, Proving, and Ruling a Cash Payments General.<\/span><\/li>\n
      • Posting from Special Amount Columns of a Cash Payments Journal to a General Ledger<\/span><\/li>\n
      • Proving Accounts Payable<\/span><\/li>\n<\/ul>\n

        IV.\u00a0 \u00a0Classwork<\/b><\/p>\n

          \n
        • 9-5 Working Together and \u00a0On Your Own<\/span><\/li>\n
        • 9-5 Application Problem<\/span><\/li>\n<\/ul>\n

           <\/p>\n","protected":false},"excerpt":{"rendered":"

          \u00a0 I.\u00a0 Bellwork \u00a0Q&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 potential dollar amount of the discount taken? Based upon question #2, what will be the amount paid to the creditor after the discount is taken? […]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[92],"tags":[],"class_list":["post-16958","post","type-post","status-publish","format-standard","hentry","category-accounting-w2019"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/comments?post=16958"}],"version-history":[{"count":1,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16958\/revisions"}],"predecessor-version":[{"id":16959,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16958\/revisions\/16959"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=16958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=16958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=16958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}