Dear Class:
We finish 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
There was some confusion regarding the worksheets that were done that I want to clarify with you and then the full packet will be handed in today. I will be giving you Lesson 7 on Friday in all probability.
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
Wednesday, December 18, 2013
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