Mrs. Kerby - Accounting 1
Chapter 10 Lesson Plans
Journalizing Sales and Cash Receipts Using Special Journals
At the Bells: To be completed in your composition books
Lesson 1 Read “EXPLORE ACCOUNTING: Journalizing Sales Discounts”
288. Explain in your own words how a company tracks
sales discounts.
Lesson 2 Audit Your Understanding 10-1 on Page 275
Lesson 3 Audit Your Understanding 10-2 on Page 284
Lesson 4 Audit Your Understanding 10-3 on Page 287
Lesson 5 Answer questions on handout
Objectives:
1.
Define accounting terms related to posting ledgers sales for
a merchandising business.
2.
Identify accounting concepts and practices related to sales
for a merchandising business.
3.
Journalize sales on account using a sales journal.
4.
Journalize cash receipts using a cash receipts journal.
5.
Record sales returns and allowances using a general
journal.
Procedure:
Lesson 1
Lesson 2
Lesson 3
Lesson 4
Lesson 5
on Page
Terms and Concepts:
Batch report
Batching out
Cash receipts journal
Cash sale
Credit card sale
Credit memorandum
Customer
Point-of-sale (POS)
terminal
Sales allowance
Sales discount
Sales journal
Sales return
Sales tax
Terminal summary
10-1 Journalizing Sales on Account using a Sales Journal
10-2 Journalizing Cash Receipts Using a Cash Receipts Journal
Read pages 270 – 274 and 276 - 283
10-3 Recording Transactions Using a General Journal
Read pages 285 – 286
Review and practice
Review and practice; Cases for critical thinking
Chapter quiz
Assignments:
Lesson 1 WT and OYO 10-1 (Page 275) and 10-2 (Page 284)
Lesson 2 WT and OYO 10-3 (Page 319) and 10-4 (Page 326)
Lesson 3 Whole class: ACCOUNTING IN THE REAL WORLD: Best Buy on Page 269
Application problems 10-1 through 10-4 on Pages 289 - 290
Lesson 4 BUSINESS STRUCTURES: Advantages and Disadvantages of a Corporation
on page 271 in the textbook.
Chapter 10 Recycling Problem on Pages D8-9
Chapter 10-4 Mastery Problem on Page 290 in Automated Accounting
Study Guide
Lesson 5 Review and quiz
Homework: Do some research on Universal Product Code (UPC) and Quick Response
(QR) symbols. You can read about this history or how they are used. You can find some
pretty create ways people are using these symbols. Due by Lesson 5.
Extension: Choose from one of these activities.
 Chapter 10 Challenge Problem on Page 271
 Chapter 10 Source Documents in Aplia
 CHARACTER COUNTS: Integrity—Doing What’s Right on page 270 in the
textbook. Type and hand in.
 FINANCIAL LITERACY: Credit Cards on Page 281 in the textbook. Type your
and hand in.

Closure


Analyzing Best Buy’s financial Statements in the textbook on Page 293. Print
and hand in.
Summary and/or Questions
Discuss current events in the economy
Assessment: 140 points
 44 points for workbook exercises
 10 points for automated accounting exercises
 20 points for review questions
 15 points for At the Bell and Closure
 10 points for “Cases for Critical Thinking”
 10 points for homework
 55 points for chapter test