Dear Class:
BAZ06.01 - Understand financial practices of a business/organization and how it relates to a business/organization's day-to-day operations as well as its overall success.
BAZ06.01.01.01 - Trace the development of a business and learn its overall structure and functions.
BAZ07.01.01.03 - Apply logic and common sense to identify the problem.
BAZ07.01.03.03 - Understand the need for a common vision or mission statement to focus company energies.
BAZ02.01 - Use technology based tools to accomplish business services and business planning.
BAZ02.01.01.01 - Use multi-media platforms as communication tools to receive and deliver information.
BAZ02.01.01.02 - Use computer applications to locate, select and manage business information.
BAZ02.01.01.03 - Use technology to design and develop multimedia materials.
BAZ02.01.01.04 - Operate technology tools to perform business applications.
BAZ01.01.01.02 - Use writing and organizational skills to construct reports, graphs and tables.
BAZ01.01.01.04 - Organize information to use in written and oral communications.
BAZ01.01.01.06 - Develop tables, charts and figures to support written and oral communication.
Lesson 7 dealt with "Financial Statement for a Proprietorship" and Lesson 8 deals with "Recording Adjusting and Closing Entries for a Service Business".
We start Lesson 8 today...Remember, you have to calculate out Owner's assets outside of the sheet itself!
Sincerely,
Mr. Green-Hite
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