Wednesday, February 25, 2015

Dear Class:

We will finish Chapter 10 this class.  I had you read the information and then work on the T/F and Multiple Choice on your own.  Lesson 10-1 deals with Journalizing Sales on Account Using a Sales Journal.  Lesson 10-2 deals with  Journalizing Cash Receipts Using a Cash Receipts Journal.  Lesson 10-3 deals with Recording Transactions Using a General Journal.

Most of the parameters deal with "tweaking" what was already explored.  For example, 10-1 will deal with sales tax that has not been previously explored.  10-2 deals with credit vs. cash sales, point-of-sale POS, batch reports, and sales discounts in the cash receipts journal.

Finally, 10-3 journalizing sales returns and allowances (credit memorandum).

Chapter 10 

Chapter 10 Review
Lesson 10-1 PP
Lesson 10-2 PP
Lesson 10-3 PP

Application problems P10-1 through 3 are below.  The information for this will be in the books.  Please put them back at the end of the class!

P10-1
P10-2
P10-3

Sincerely,
Mr. Green-Hite