Accounting Week 1

Accounting 1B

Chapter 11 – Journalizing Purchases and Cash Payments

Goals:

1. Define accounting terms related to purchases and cash payments for a merchandising business.

2. Indentify accounting concepts and practices related to purchases and cash payments for a merchandising business.

3. Analyze purchases and cash payments transactions.

4. Journalize purchases and cash payments transactions.

Day By Day:

Monday: Syllabus, Ch. 11 terms and questions

Tuesday: Review terms and questions, Drill 11-D1 (whole class), Drill 11-D2 (alone)

Wednesday: Problem 11-1 and 11-M

Thursday: Review terms (Study Guide), 11-R

Friday: Ch. 11 Objective and Problem Test

Accounting 2B:

Automated Accounting Chapter 7: Discounts, Debit Memos and Credit Memos

Goals:

1. Process purchases discounts

2. Process sales discounts

3. Process debit memos

4. Process credit memos

Automated Accounting Chapter 8: Plant Assets

Goals:

1. Record additions, changes, and deletions on the plant assets input form

2. Enter and correct plant asset data

3. Display plant asset reports

4. Generate and post monthly depreciation adjusting entries

Day By Day:

Monday: Syllabus, Read Ch. 7, Complete Matching and Questions pg. 234 (turn in)

Tuesday and Wednesday: Problem 7-T, 7-P, 7-M (Print Trial Balance, Schedule of A/P and Schedule of A/R)

Thursday: Read Ch. 8, Complete Matching, True/False, and Questions (turn in)

Friday: Problem 8-T, 8-P, and 8-M (Print Plant Assets Report)