Thursday, April 29, 2010

Thursday, April 29, 2010

Dear Class:

We are done with the Lesson 13 packet. One issue that needs to be clear is that Social Security and Medicare taxes are paid by both the employees and employers. 13-5 was done using the interactive spreadsheet that is posted on the Accounting website.

I will hand out Lesson 14 at the beginning of class. Lesson 14 deals with stocks; 3110-Capital Stock, 3120-Retained Earnings, 3130-Dividends, and 3140-Income Summary. We will deal with an 8-column worksheet for a merchandising business. This will be a hard Lesson so be prepared. Read ahead!


Sincerely,
Mr. Green-Hite

Tuesday, April 27, 2010

Tuesday, April 27, 2010

Dear Class:

We are done with the Lesson 13 packet. One issue that needs to be clear is that Social Security and Medicare taxes are paid by both the employees and employers. 13-5 will be done using the interactive spreadsheet that is posted on the Accounting website. The website can be found in your book!

I only had one Lesson 13 packet handed in. They are due today!!!! I will let you finish the 13-5 interactive spreadsheet in class at the beginning of class.

Lesson 14 deals with stocks; 3110-Capital Stock, 3120-Retained Earnings, 3130-Dividends, and 3140-Income Summary. We will deal with an 8-column worksheet for a merchandising business. This will be a hard Lesson so be prepared. Read ahead!


Sincerely,
Mr. Green-Hite

Friday, April 23, 2010

Friday, April 23, 2010

Dear Class:

I handed out Lesson 13 to you on Monday and then we had a speaker on Wednesday. We will cover 13-2, 13-3, and 13-4 together today. 13-5 will be done on your own this weekend using the interactive spreadsheet that is posted on the Accounting website. The website can be found in your book!

This will cover 13-1, 13-2, 13-3, and 13-4 on pages 366-390.



Sincerely,
Mr. Green-Hite

Tuesday, April 20, 2010

Wednesday, April 21, 2010

Dear Class:

Please meet in Room 105 today for class. We will be listening to speakers from Brass Media and others regarding small business setups and successes.

Sincerely,
Mr. Green-Hite

Monday, April 19, 2010

Monday, April 19, 2010

Dear Class:

I will be handing out Lesson 13 to you today and we should get to 13-1 together.

This will cover 13-1, 13-2, 13-3, and 13-4 on pages 366-390.

Sincerely,
Mr. Green-Hite

Tuesday, April 13, 2010

Tuesday, April 13, 2010

Dear Class:

Today I do want you to revisit briefly Chapter 12 by doing the interactive spreadsheets you should have that are the Applications 12-3 and 12-6. You should have this from the files you had downloaded from the Accounting website. Fill in the blanks using excel.

I will be handing out Lesson 13 to you today and we should get to 13-1 together.

This will cover 13-1, 13-2, 13-3, and 13-4 on pages 366-390.

Sincerely,
Mr. Green-Hite

Mr. Green-Hite

Friday, April 9, 2010

Friday, April 9, 2010

Dear Class:

We did the first part of Lesson 12 that included 12-1 and 12-2 where we figured out the tax withholding. Please do 12-3 "Preparing Payroll Records" and 12-4 "Preparing Payroll Checks", all of it, on your own.

When you get done with 12-3 and 12-4, please read ahead at this time silently covering 13-1, 13-2, 13-3, and 13-4 on pages 366-390.


Mr. Green-Hite

Wednesday, April 7, 2010

Wednesday, April 7, 2010

Dear Class:

We did the first part of Lesson 12 that included 12-1 and 12-2 where we figured out the tax withholding. Please do 12-3 "Preparing Payroll Records" and 12-4 "Preparing Payroll Checks", all of it, on your own.

When you get done with 12-3 and 12-4, please read ahead at this time silently covering 13-1, 13-2, 13-3, and 13-4 on pages 366-390.


Mr. Green-Hite

Monday, April 5, 2010

Monday, April 5, 2010

Dear Class:

Due today: Lesson 11 and the Mastery Problem which I will count as a "test". This is particularly important because the entire Mastery Problem dealt with the "Sales Journal", "Purchases Journal", and the "General Journal". The middle of the Mastery Problem has the "Cash Receipts Journal" and the "Cash Payments Journal". The end of the Mastery Problem is the "General Ledger", "Accounts Receivable Ledger", and the "Accounts Payable Ledger".

I will hand out Studey Guide 12 today. It deals with areas more of you will be familiar with: Salary, Withholdiings, Net Pay, and various Taxes. We will work on 12-1 working together and 12-2 and possibly 12-3. This stuff is much simpler than the previous work.

Sincerely,
Mr. Green-Hite

Thursday, April 1, 2010

Thursday, April 1, 2010

Dear Class:

With your Lesson 11 in hand, you will do a handout Mastery Problem 11-6

You can use your Lesson 11 worksheets to complete the Mastery Problem which I will count as a "test". This is a particularly important because the entire lesson deals with the "Sales Journal", "Purchases Journal", and the "General Journal". The middle of the Mastery Problem has the "Cash Receipts Journal" and the "Cash Payments Journal". The end of the Mastery Problem is the "General Ledger", "Accounts Receivable Ledger", and the "Accounts Payable Ledger".

Sincerely,
Mr. Green-Hite