Day 70 – Quarter 4 Advanced Accounting Good Morning! (regular 90 minute class) Bell Ringer: 1. What questions do you have regarding factoring Accounts Receivable? Objective: 1. We will define accounting terms related to notes receivable, unearned revenue, and accrued revenue. 2. We will identify accounting concepts and practices related to notes receivable, unearned revenue, and accrued revenue. 3. We will journalize transactions for notes receivable. 4. We will journalize adjusting and reversing entries for unearned revenue initially recorded as revenue. 5. We will journalize adjusting and reversing entries for accrued revenue. Reminder: FBLA/Interact Officer Meeting: FBLA/Interact Club Meeting: FBLA/Interact Updates: AFTER COMPLETING CHAPTER 9 TEST CHAPTER 10 Read Pages 288 – 304 of your textbook Complete: Chapter 10-1 Terms Review in Quizlet Chapter 10-1 Audit Your Understanding Chapter 10-1 Work Together Chapter 10-1 On Your Own Chapter 10-1 Application Problem Complete: Chapter 10-2 Terms Review in Quizlet Chapter 10-2 Audit Your Understanding Chapter 10-2 Work Together Chapter 10-2 On Your Own Chapter 10-2 Application Problem Chapter 10-3 Application Problem Complete: Chapter 10 Study Guide Chapter 10-4 Mastery Problem Complete: Chapter 10 TEST COMPLETE: Chapter 10 Explore Accounting on Aplia Begin Chapter 11 – Read Chapter Exit Ticket: In a Word Document Complete: 1. What is the purpose of managing your accounts receivable? Small Group Activity: Pair, Share, and Compare HAVE A GREAT DAY, AND I WILL SEE YOU NEXT CLASS:)