Accounting 1B

Chapters 11-19
Chapter Outlines
As a PRE-READING EXERCISE skim through the chapter and create an outline of the topics of the chapter. One way to start is to write all of the information in green. The green writing indicates the start of a new topic or a sub category of a topic. It is very important to note the steps in anaylizing and recording transactions. 10 points for each outline.
Chapter Study Guides
Complete and turn in your completed study guide (the first 2 pages in the workbook for each chapter). Upon return of your workbook you will review your study guide success and see what you understood and what you did't. Review the section(s) where your book discusses any topics you missed. Your outline will help you find that topic in the book. Write a small synopsis of this topic and, if possible give an example or demonstration. Include the page where you found your information. Complete this task in your composition book Points for each study guide vary and are printed in your workbook on the top of the first study guide page.
Daily Warm-ups
I will have an accounting question or problem on the board each day. Write the question/problem down in your composition book along with the date. Work through the problem. Include the page number of where this information could be found in your book.2 points per day.
Drills & Problems
Complete the drills and problems referring back to your composition book and outline. The drills and problems are mandatory, whereas the Mastery Problems, Challenge Problems and Recycling Problems are all extra credit. Drills & Problems are worth 5 points each.
Chapter Tests
When you are ready, take the Chapter Test Points for each test varies.
The Final
After you have sucessfully completed chapters 11-19, you can start your packette. Open the packette and read the instructions. You will open the "books" for a new manuafacturing business and analyse and record all of the business's transactions for one quarter. You will post all of the recorded transactions from the company's specialized and generals journals into the general ledger and proof your ending balances. You will complete a trial balance sheet and determine adjusting entries. These will be recorded in the general journal. Next you will close sales and all expense accounts to the company's income summary account. Finally you will close income summary and drawing to the each of the owners' capital account. Be sure to match the drawing and capital accounts. Prepare the company's financial statements in a professional manner and you are done! 500 points
Spreadsheeting
Become a Healthy Teen while practicing your spreadsheeting skills by creating an Activity and Eating Log. 10 points per grading period
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