Monday, December 16, 2013

December 16, 2013

Dear Class:

We are Finishing Lesson 6 today. I worked with you on "Working Together 6-1, 6-2, 6-3". PP 6-1, PP 6-2, PP 6-3, PP 6-4. CHAPTER 6

Lesson 7 deals with "Financial Statement for a Proprietorship" and Lesson 8 deals with "Recording Adjusting and Closing Entries for a Service Business".

Application assignment for Application 6-1, 2, & 3 We will begin to see how the whole accounting principle plays out. We will work on a Worksheet. This reflects a trial balance and balance sheet (Final balance after adjustments); Adjustments (Assets and Expenses); and Income (Sales and Expenses). We will finish with corrections.

Sincerely,
Mr. Green-Hite

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