Day 67a – Quarter 4 Accounting
Great to see you!
(Regular 90 minute class)
Bell Ringer 14-5 and 14-6:
1.
2.
3.
4.
5.
What are the two categories of assets?
What three factors are used to calculate a plant asset’s annual depreciation expense?
In what column is the Income Summary amount extended?
To which Balance Sheet column is a net loss amount extended?
What extra step is required when a 10-column work sheet is prepared instead of an 8-column
work sheet?
Objective Chapter 14:
1. We will define account terms related to distributing dividends and preparing a work sheet for a
merchandising business.
2. We will identify accounting concepts and practices related to distributing dividends and preparing a work
sheet for a merchandising business.
3. We will journalize the declaration and payment of a dividend.
4. We will begin a work sheet for a merchandising business.
5. We will plan work sheet adjustments for merchandise inventory, supplies, prepaid expenses, uncollectible
accounts, and depreciation.
6. We will calculate federal income tax and plan the work sheet adjustment for federal income tax.
7. We will complete a work sheet for a merchandising business
Reminder:
FBLA/Interact Officer Meeting:
FBLA/Interact Club Meeting:
FBLA/Interact Forms Updates:
FBLA/Interact Competitive Events:
FBLA/Interact Spring/Fall Regional/State/National Conferences
Complete Chapter 13 Test
Begin Chapter 14
Read Chapter 14 on pages 402 – 437
Complete the following:
Chapter 14-1 Terms Review in Quizlet
Chapter 14-1 Audit Your Understanding
Chapter 14-1 Work Together
Chapter 14-1 On Your Own
Chapter 14-1 Application Problem
Complete the following:
Chapter 14-2 Audit Your Understanding
Chapter 14-2 Work Together
Chapter 14-2 On Your Own
Chapter 14-2 Application Problem
Complete the following:
Chapter 14-3 Term Review in Quizlet
Chapter 14-3 Audit Your Understanding
Chapter 14-3 Work Together
Chapter 14-3 On Your Own
Chapter 14-3 Application Problem
Complete the following:
Chapter 14-4 Terms Review in Quizlet
Chapter 14-4 Audit Your Understanding
Chapter 14-4 Work Together
Chapter 14-4 On Your Own
Chapter 14-4 Application Problem
Complete the following:
Chapter 14-5 Terms Review in Quizlet
Chapter 14-5 Audit Your Understanding
Chapter 14-5 Work Together
Chapter 14-5 On Your Own
Chapter 14-5 Application Problem
Complete the following:
Chapter 14-6 Audit Your Understanding
Chapter 14-6 Work Together
Chapter 14-6 On Your Own
Chapter 14-6 Application Problem
Complete the following:
Chapter 14 Study Guide
Chapter 14-7 Mastery Problem
Complete: Chapter 14 TEST!
Begin Chapter 15!
Exit Ticket: In a Word Document Chapter 14
Complete:
1. List 3 concepts you learned in Chapter 14.
2. List 2 concepts that were difficult in Chapter 14.
3. List 1 concept you are still having difficulty with in Chapter 14.
Pair, Share, and Compare
HAVE A GREAT DAY, AND I WILL SEE YOU NEXT CLASS:)