ACCOUNTING & FINANCE 2 ASSIGNMENTS (subject to change)

Google Meet-real time one-on-one help/Youtube Videos

Google meet-real time help (Not an assignment)

Classes can be streamed using the Meet link in Google Classroom if you are absent. In addition, a video of the class may be posted on this page for notes, explanations, demonstrations etc. Class Meet: go to Google Classroom.

Aug 27

Chapter 2: Recording Departmental Sales and Cash Receipts

  • Objectives
    • LO1 Explain the purpose of a departmental accounting system.
    • LO2 Journalize and post departmental sales on account using a sales journal.
    • LO3 Journalize and post departmental sales returns and allowances.
    • LO4 Explain the impact of sales discounts on the collection of accounts receivable.
    • LO5 Journalize and post departmental cash receipts using a cash receipts journal.
  • Study Guide
  • Problems M and S

Aug 23

Chapter 1: Recording Departmental Purchases and Cash Payments

  • Objectives
    • LO1 Explain the relationship between the accounting equation and accounting records.
    • LO2 Explain the relationship between a subsidiary ledger and a controlling account.
    • LO3 Explain the purpose of a departmental accounting system.
    • LO4 Journalize departmental purchases of merchandise on account using a purchases journal.
    • LO5 Post merchandise purchases to an accounts payable ledger and a general ledger.
    • LO6 Journalize departmental purchases returns and allowances.
    • LO7 Journalize departmental cash payments using a cash payments journal.
    • LO8 Post cash payments to an accounts payable ledger and a general ledger.
  • Study Guide
  • Problems M, C and S

Aug 22

Review

  • Chapter 1: Study Guide

Student Book Website

Teacher Book Website

Aug 22

IN CLASS: Course requirements/expectations

Online Classroom: https://login.cengagebrain.com/cb/entitlement.htm?code=MTPP-4TTZ-RPQR

Join Google Classroom

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Digital Assignment:

  • Complete registration for websites above.
  • Student Syllabus Verification